Trivago Keeps Making Money
Most companies try to achieve revenue growth at all costs, figuring that the more business they bring in, the more profitable they can become. However, online travel specialist Trivago (NASDAQ: TRVG) has discovered that even when tough competition weighs on top-line growth, being more focused on finding the best opportunities to profit can be more valuable than accepting money-losing business for the sake of boosting sales.
Coming into Wednesday's second-quarter financial report, Trivago investors wanted to see a repeat performance from the turnaround that it scored in the first quarter of 2019. Trivago's results didn't quite produce the same hype that its first-quarter results produced, but the company still managed to stay profitable, and there may even be an end to the declines in revenue that the company has seen recently.
Image source: Trivago.
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