Tripadvisor Inc. reported first-quarter 2025 revenue of $398 million, marking a 1% year-over-year increase or approximately 3% growth in constant currency. The company posted a net loss of $11 million, equivalent to a diluted loss per share of $0.08, while non-GAAP net income stood at $21 million or $0.14 diluted EPS. Adjusted EBITDA reached $44 million, representing 11% of revenue and exceeding expectations. Growth was driven by double-digit revenue increases from its Viator and TheFork segments, offsetting weaker performance in the core Tripadvisor brand. The CEO stated that the company exited the quarter well-positioned to meet its full-year expectations. Meanwhile, Expedia Group Inc. reported first-quarter 2025 revenue of $2.99 billion, a 3% increase year-over-year, with booked room nights rising to 101.7 million. The company recorded a diluted loss per share of $1.56 but reported an adjusted EPS of $0.40, which grew 90% compared to the prior year. Expedia's EBITDA grew 16%, supported by a 14% increase in B2B bookings and advertising revenue. However, the company noted softness in inbound U.S. travel demand, with a 7% decline overall and nearly 30% drop in bookings from Canada. Due to these challenges, Expedia has lowered its full-year outlook despite solid performance in other areas.