**TripAdvisor (NASDAQ:TRIP) reported Q2 results showing continuing operations revenue of $442 million, with $76 million in adjusted EBITDA. The company faces challenges with uneven travel demand and SEO-related pressure impact legacy offerings. Additionally, the planned $700 million sale of restaurant reservation platform TheFork to American Express is expected to provide approximately $680 million in net proceeds.**
**Despite a 5% growth in experiences booked and gross booking value rising 3% to $1.4 billion, the experiences segment’s adjusted EBITDA fell to $31 million. The hotels and other segment revenue declined 21% to $163 million, attributed to decreased shopper volume even as hotel pricing remained strong. For Q3, TripAdvisor anticipates a revenue decline of 7% to 10% across continuing operations, forecasting experiences revenue to drop by 2% to 1%.**
**The company ended Q2 with $843 million in cash and cash equivalents but did not repurchase shares during the quarter due to a portfolio review and the ongoing sale process.**
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