Tripadvisor, Inc. (NASDAQ:TRIP) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET

Company Participants

Angela White – Vice President-Investor Relations

Matt Goldberg – President and Chief Executive Officer

Ernst Teunissen – Chief Financial Officer and Chief Executive-Viator, TheFork and Cruise Critic

Conference Call Participants

Naved Khan – Truist

Richard Clarke – Bernstein

Lloyd Walmsley – UBS

Mario Lu – Barclays

James Lee – Mizuho

Deepak Mathivanan – Wolfe Research

Ron Josey – Citi

John Colantuoni – Jefferies

Operator

Good day and thank you for standing by. Welcome to the Tripadvisor Second Quarter 2022 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, Vice President of Investor Relations. Please go ahead.

Angela White

Thank you, Michelle. Good morning, everyone, and welcome to Tripadvisor’s second quarter 2022 financial results call. Joining me today are Matt Goldberg, President and CEO; and Ernst Teunissen, CFO and Chief Executive, Viator, TheFork and Cruise Critic.

Last night, after market close, we distributed and filed our earnings release and made available our shareholder letter on our IR website. In the release, you’ll find reconciliations of non-GAAP financial measures to the most comparable GAAP measures discussed on this call. Also, on our IR 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 certain estimates and other forward-looking statements that represent management’s views as of today, August 5, 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 these forward-looking statements.

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

Matt Goldberg

Thank you, Angela. Good morning, everyone and thanks for joining us today. I’m excited to be here. I’ve been looking forward to my first earnings call with Tripadvisor. It’s an exciting time to join this iconic company, given the travel environment over the last few years, the trajectory of recovery in the sector, the return of the leisure traveler and the potential to serve consumers in new and unique ways as they look to satisfy their growing demand to get out and experience the world.