trivago (TRVG) has released an update.
Trivago reported a 7% decline in third-quarter revenue to €146.1 million, impacted by challenges in its performance marketing channels and economic uncertainties. Despite this, the company saw double-digit growth in branded traffic in Europe and other regions, with continued investment in brand marketing. Trivago’s net loss was €15.4 million, influenced by an impairment charge, yet it remains optimistic about returning to top-line growth and achieving break-even Adjusted EBITDA by year-end.
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