trivago N.V. (NASDAQ:TRVG) Q2 2024 Earnings Conference Call July 31, 2024 8:15 AM ET
Company Participants
Johannes Thomas - CEO and Managing Director
Robin Harries - CFO
Conference Call Participants
Jeremy Liu - UBS
Naved Khan - B. Riley Securities
Dae Lee - JPMorgan
James Lee - Mizuho
Operator
Good day, ladies and gentlemen, and welcome to the trivago Q2 Earnings Call 2024. All lines are being place on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session [Operator Instructions] I must advise you the call is being recorded today, Wednesday, the 31 of July 2024.
We are pleased to be joined on the call today by Johannes Thomas, trivago's CEO and Managing Director; and Robin Harries, trivago's CFO and Managing Director. The following discussion, including responses to your question reflects management views as of today, Wednesday, July 31, 2024, only. trivago does not undertake any obligation to update or revise this information.
As always, some of the statements made on today's call are forward-looking, typically preceded by words such as we expect, we believe, we anticipate or similar statements. Please refer to the Q2, 2024 operating and financial review and trivago's other filings with the SEC for information about factors, which could cause trivago's actual results to differ materially from these forward-looking statements.
You will find reconciliations of non-GAAP measures to the most comparable GAAP measures today in trivago's operating and financial review, which is posted under our Investor Relations website at ir.trivago.com. You are encouraged to periodically visit trivago's Investor Relations website for important content. Finally, unless otherwise stated, our comparison on this call be against results for the comparable period of 2023.
With that, let me turn the call over to Johannes.
Johannes Thomas
Good morning, everyone. Thank you for joining our Q2 2024 earnings call.
The second quarter of 2024 marks the fourth consecutive quarter with improved top line trajectory. We are pleased to see positive branded revenue growth in all three segments. Despite the challenges posed by Google's ad format changes, our branded revenue growth has largely offset the negative impact from performance marketing.
These known headwinds will likely persist for the remainder of the year, and should cease in early 2025. We remain confident that we can return to growth in the second half of the year.
Now let's move on to our strategic priorities. Our first strategic priority is branded growth. We remain one of the most recognized travel brands in the world, and are pleased with the outcomes of our brand marketing campaigns in Q2.