Newton-based TripAdvisor Inc.’s shares soared after the online travel review service company reported third-quarter results that exceeded expectations. Net income jumped 9 percent to $59.4 million, or 41 cents per share. TripAdvisor’s revenue increased 18 percent to $212.7 million on higher ad and subscription revenue. Steve Kaufer, TripAdvisor CEO, said the firm is “making wonderful strides to enhance the TripAdvisor experience’’ for both travelers advertising partners alike.
Travel website beats estimates
Globe Staff November 04, 2012
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