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TripAdvisor Inc (TRIP) Q4 2020 Earnings Call Transcript


Operator
Good morning, and welcome to Tripadvisor s Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions]
At this time, I would like to turn the conference call over to Tripadvisor s Vice President of Investor Relations, Mr. Will Lyons. Please go ahead.
Will Lyons
Vice President-Investor Relations
Thanks, Liz. Good morning, everyone, and welcome to our call. Joining me today is our CEO, Steve Kaufer and our CFO, Ernst Teunissen.
Last night, after market close, we distributed and filed our fourth quarter and full year 2020 earnings release and made available our shareholder letter on our Investor Relations website. In the release, you will find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed on this call. On our IR site, you will find supplemental financial information, which includes reconciliations of certain non-GAAP financial measures discussed on this call as well a ....

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'Jassy's the captain now': Here's what 4 Wall Street banks had to say about Amazon's 4th-quarter earnings


Morgan Stanley: Another everything quarter
Morgan Stanley analysts, led by Brian Nowak, CFA, were pleased with Amazon s results on Tuesday. The firm said Amazon s core retail business continues to benefit from and drive the global e-commerce inflection.
The analysts added that they believe the Street is underestimating the scalability of Amazon s model and that they expect upward profit revisions even if revenue from the main e-commerce business decelerates post-pandemic. Morgan Stanley s model has Amazon reaching $102 billion in adjusted EBITDA by 2022.
Analysts at the firm also touched on Jeff Bezos exit, saying they believe investors might react negatively, but they aren t as worried. ....

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Netflix hits record after subscribers leap past 200 million


Netflix hits record after subscribers leap past 200 million
Premium
FILE - This Aug. 13, 2020, file photo shows a logo for Netflix on a remote control in Portland, Ore. Netflix’s video streaming service has surpassed 200 million subscribers for the first time as its expanding line-up of TV series and movies continues to captivate people stuck at home during the ongoing battle against the pandemic. The subscriber milestone highlighted Netflix’s fourth-quarter results released Tuesday, Jan. 19, 2021. (AP Photo/Jenny Kane, File)
(AP)
. Updated: 20 Jan 2021, 09:16 PM IST Bloomberg
Netflix Inc. ended its biggest year in company history with a bang, powering its stock to a record high after adding more customers than expected and saying it no longer needs to borrow money to build its entertainment empire ....

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Netflix crosses 200m subscriber mark in pandemic-boosted year


Netflix crosses 200m subscriber mark in pandemic-boosted year
Covid-19 accelerated ‘big shift from linear to streaming’, says chief financial officer
Wed, Jan 20, 2021, 12:58
Updated: Wed, Jan 20, 2021, 15:19
Netflix’s Bridgerton, featuring Claudia Jessie (left) and Irish actor Nicola Coughlan, is on track to reach 63 million households, the streamer said. Photograph: Liam Daniel/Netflix
 
Netflix ended its biggest year in company history with a bang, adding more customers than expected and saying it no longer needs to borrow money to build its entertainment empire.
The world’s leading paid streaming service attracted 8.51 million new subscribers in the final three months of the year, helped by the popularity of hit shows such as Bridgerton and The Queen’s Gambit. ....

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