TripAdvisor revenue rises 26 pct as display-based advertising surges

Tue Feb 11, 2014 4:23pm EST

Feb 11 (Reuters) - Online travel research company TripAdvisor Inc reported a 26 percent rise in quarterly revenue, helped by a surge in display-based advertising.

Revenue from display-based advertising rose 46 percent to $32.5 million in the fourth quarter.

Total revenue rose to $212.7 million for the quarter ended Dec. 31, from $169.4 million, a year earlier.

Net profit fell to $20.3 million, or 14 cents per share, from $33.6 million, or 23 cents per share.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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