trivago (TRVG) Reports Q3 Revenues of EUR250.3M
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trivago Reports Strong Referral Revenue Growth in Americas in Q3; Strengthens Alternative Accommodation Offering
November 5, 2019 6:59 AM ESTFinancial Highlights
Total revenue decreased to 250.3 million in the third quarter of 2019, compared to 253.7 million in the same period in 2018, representing a decline of 1% period-over-period.In the third quarter of 2019 Referral Revenue in Americas increased by 19% compared to the same period in 2018.Referral Revenue declined by 9% and 16%, respectively, in Developed Europe and the Rest of the World.Net income in the third quarter of 2019 was 0.3 million, compared to 10.1 million in the third quarter of 2018.Consolidated Return on Advertising Spend declined to 122.8% in the third quarter of 2019, compared to 135.9% in the same... More