SHANGHAI (AP) _ Trip.com Group Limited (TCOM) on Thursday reported a loss of $100 million in its second quarter.
On a per-share basis, the Shanghai-based company said it had a loss of 16 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.
The travel services company posted revenue of $912 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $864.4 million.
Trip.com shares have decreased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $29.32, an increase of 6% in the last 12 months.
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