TripAdvisor's stock jump after results top Street view

TripAdvisor Inc. TRIP, -1.65%shares surged in the extended session Tuesday after the travel-booking website topped Wall Street estimates. TripAdvisor shares rallied 16% after hours, following a 1.7% decline to close at $38.78 in the regular session. The company reported first-quarter net income of $5 million, or 4 cents a share, compared with $13 million, or 9 cents a share, in the year-ago period.

Adjusted earnings were 30 cents a share. Revenue rose to $378 million from $372 million in the year-ago period. Analysts surveyed by FactSet had estimated 16 cents a share on revenue of $360.9 million.