Expedia Group, Inc. (NASDAQ:EXPE) Q3 2020 Results Earnings Conference Call November 4, 2020 4:30 PM ET
Company Participants
Michael Senno – Vice President, Investor Relations and Treasurer
Peter Kern – Vice Chairman and CEO
Eric Hart – Chief Financial Officer
Conference Call Participants
Lloyd Walmsley – Deutsche Bank
Naved Khan – Truist Securities
Mark Mahaney – RBC
Eric Sheridan – UBS
Deepak Mathivanan – Barclays
Justin Post – Bank of America
Kevin Kopelman – Cowen
Jed Kelly – Oppenheimer
Lee Horowitz – Evercore ISI
Operator
Good afternoon. My name is Christine, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Expedia Group Third Quarter 2020 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will a question-and-answer session. [Operator Instructions] Thank you.
I’ll now turn the call over to Michael Senno, Vice President, Investor Relations and Treasurer.
Michael Senno
Thanks, Christine. Good afternoon, and welcome to Expedia Group’s financial results conference call for the third quarter ended September 30, 2020. I’m pleased to be joined on the call today by our CEO, Peter Kern; and CFO, Eric Hart.
The following discussion, including responses to your questions, reflects management’s views as of today, November 4, 2020, only. We do not undertake any obligation to update or revise this information.
As always, some of the statements made on today’s call are forward-looking, typically preceded by words such as we expect, we believe, we anticipate, we are optimistic or confident that, or similar statements. Please refer to today’s earnings release and the company’s filings with the SEC for information about factors which could cause our actual results to differ materially from these forward-looking statements.
You will find reconciliations of non-GAAP measures to the most comparable GAAP measures discussed today in our earnings release, which is posted on the company’s Investor Relations website at ir.expediagroup.com. And I encourage you to periodically visit our IR website for other important content.
Unless otherwise stated, all references to cost of revenue, selling and marketing expense, general and administrative expense and technology and content expense exclude stock-based compensation. And all comparisons on this call will be against our results for the comparable period of 2019. Please note that depreciation expense is now reported in a separate line item, and prior periods have been restated to reflect this change.
And with that, I’ll turn the call over to Peter.
