Tripadvisor, Inc. (NASDAQ:TRIP) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET

Company Participants

Angela White – Vice President-Investor Relations

Matt Goldberg – President and Chief Executive Officer

Mike Noonan – Incoming Chief Financial Officer

Ernst Teunissen – Outgoing Chief Financial Officer

Conference Call Participants

Richard Clarke – Sanford C. Bernstein

Naved Khan – Truist Securities

Lloyd Walmsley – UBS

Jed Kelly – Oppenheimer & Company

James Lee – Mizuho

Mario Lu – Barclays

Brian Fitzgerald – WFS

Ron Josey – Citi

Deepak Mathivanan – Wolfe Research

Vince Cipiel – Cleveland Research Company

Operator

Good morning and thank you for standing by. Welcome to the Tripadvisor Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Angela White. Please go ahead.

Angela White

Thanks, Corey. Good morning, everyone, and welcome to Tripadvisor's third quarter 2022 financial results call. Joining me today are Matt Goldberg, President and CEO; Ernst Teunissen, outgoing CFO; and Mike Noonan, who joined us as incoming CFO, effective October 31, 2022. Last night, after market close, we distributed and filed our earnings release and made available our shareholder letter on our Investor Relations website.

In the release, you'll find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed on this call. Also on our Investor Relations website, you'll find supplemental financial information, which also includes reconciliations of certain non-GAAP financial measures discussed on this call as well as other metrics.

Before we begin, I'd like to remind you that this call may contain estimates and other forward-looking statements that represent management's view as of today, November 8, 2022. Tripadvisor disclaims any obligation to update these statements to reflect future events or circumstances. Please refer to our earnings release as well as our filings with the SEC for information concerning factors that could cause actual results to differ materially from those forward-looking statements.

With that, I'll turn the call over to Matt.

Matt Goldberg

Thank you, Angela, and good morning to everyone joining the call. As Angela mentioned, on the call with me today are Ernst Teunissen, outgoing CFO; and Mike Noonan, who started just over a week ago. In mid-October, we announced the CFO transition, and I'm pleased to have both Ernst and Mike on this call.