TripAdvisor Falls Short on Profit Expectations Amid Travel Rebound

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Investing.com — TripAdvisor Inc (NASDAQ:TRIP) fell short of profit expectations for the quarter but beat revenue forecasts as travel continued to rebound. 

Shares of the online booking site fell 15% in after-hours trading and are down 12% this year.

It said net income in the third quarter was $25 million, or 17 cents a share. Adjusted earnings were 28 cents a share, falling short of expectations for 38 cents a share.