Booking Holdings Q1 2023: net income $266M vs loss; revenue up 40% YoY to $3.8B

Booking Holdings Inc.

2023-Q1 EPS reported $7.00 revenue$3,778,000,000

Gross travel bookings $39.4B (+44% YoY, +52% constant currency); room nights +38%.
Total revenues $3.8B (+40% YoY, +47% constant currency).
GAAP net income $266M ($7.00 diluted EPS) vs prior-year net loss of $700M (-$17.10).
Non-GAAP net income $440M (+174%); non-GAAP EPS $11.60; Adjusted EBITDA $586M (+89%).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Booking Holdings Inc. reported first quarter ended March 31, 2023 results: revenue $3.8 billion, net income $266 million, EPS $7.00.

Period: first quarter ended March 31, 2023
Revenue: $3.8 billion
Net income: $266 million
EPS: $7.00
Result: reported results

Exact text from the filing

from the prior-year quarter (approximately a 52% increase on a constant-currency basis). • Room nights booked increased 38% from the prior-year quarter. • Total revenues were $3.8 billion, an increase of 40% from the prior-year quarter (approximately a 47% increase on a constant-currency basis). • Net income was $266 million, compared with a net loss of $700

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Source: SEC EDGAR

accession 0001075531-23-000029

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