Trip.com Group reported first-quarter revenue of $1.91 billion, meeting analyst expectations, according to Benzinga Pro. Adjusted earnings of 82 cents per ADS missed the 86-cent estimate. Revenue rose 16% year-over-year, with accommodation bookings up 23% and transportation ticketing up 8%. The company ended the quarter with $12.8 billion in cash and equivalents. CEO Jane Sun said Trip.com is well-positioned to sustain growth through localized, customer-focused services. Shares fell 1.79% after hours ahead of the company’s investor call and June 30 shareholder meeting.
