TRIVAGO (TRVG): trivago increases full-year guidance aft...

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Re: ijeffc post# 6

Thursday, 04/27/2017 8:45:17 PM

Thursday, April 27, 2017 8:45:17 PM

trivago increases full-year guidance after Expedia releases first quarter results

trivago N.V. / trivago increases full-year guidance after Expedia releases first quarter results . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Düsseldorf, Germany - April 27, 2017 - trivago N.V. (NASDAQ: TRVG), a leading global hotel search platform, today increased its annual guidance after its majority shareholder, Expedia Inc., reported its financials as part of its quarterly segment reporting.

Axel Hefer, CFO, said: "With a strong focus on improving our hotel search product and market leading innovation, we look forward to reporting our financial results on May 15, 2017. Given our strong start to the year, we have increased our full-year guidance and now expect annual revenue growth to be around 50% in 2017, with our adjusted EBITDA* margin likely to be up slightly from 2016."