Tripadvisor says monthly unique users have improved since april

Tripadvisor - government actions to limit spread of covid-19 impacted consumers' willingness to research, purchase, and consume travel.tripadvisor inc - monthly unique users have improved since april.tripadvisor says it expects june revenue will approach 20% of last year's comparable period - sec filing.tripadvisor - in april & may monthly unique users were approximately 33% & 45% of last year's comparable period, respectively.tripadvisor inc - remains on track to deliver announced cost savings.tripadvisor - expects year-over-year revenue performance for quarter ended june 30, 2020 will be materially worse versus performance for quarter ended march 31.tripadvisor - currently estimates its adjusted ebitda loss for q2 2020 will be approximately $85 million.tripadvisor - as of may 31, 2020, company had $693 million of cash and cash equivalents.tripadvisor - continues to believe business has sufficient liquidity to withstand an extended period of revenue disruption.tripadvisor - remains confident in co's ability to remain compliant with its debt covenants in 2020 & through 2021.tripadvisor - estimates that june year-over-year monthly unique user performance will improve versus may.tripadvisor - may consider capital raising options in future.tripadvisor - april & may consolidated year-over-year revenue performance was approximately 10% of last year's comparable period.
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