TripAdvisor's Revenue Falls 3 Percent

May 4, 2016

Travel review website operator TripAdvisor's quarterly revenue fell 3 percent as the company earned less from referring visitors to third-party websites.

The company's net income fell to USD$27 million in the first quarter ended March 31 from USD$63 million a year earlier.

Revenue fell to USD$352 million from USD$363 million.

(Reuters)