TripAdvisor, Inc.: Initiation Of Coverage – Leveraging Data and Artificial Intelligence (AI) for Growing Engagement! 

Tripadvisor’s fourth quarter and full year 2023 financial results exceeded expectations with the company reporting revenue growth of 10% year-on-year amounting to $390 million in Q4. In the same period, the adjusted EBITDA was $84 million attributed to exceptional brand performance and marketing efficiencies. For the full year, the company reported a consolidated revenue growth of 20%, recording an all-time high of $1.8 billion, with adjusted EBITDA experiencing a 13% growth to $334 million.