TripAdvisor revenue up 29.2 percent on higher click-based advertising

Reuters News
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Posted: May 06, 2015 4:21 PM

(Reuters) - Travel review website operator TripAdvisor Inc reported a 29.2 percent rise in quarterly revenue as it earned more from click-based advertising and display ads.

Revenue rose to $363 million in the first quarter ended March 31 from $281 million a year earlier.

The company's net income fell to $63 million, or 43 cents per share, from $68 million, or 47 cents per share. (http://bit.ly/1EXRqY2)

On an adjusted basis, TripAdvisor earned 54 cents per share.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Simon Jennings)