Expedia Q1 net loss narrows to $122M; revenue $2.25B, gross bookings up 58%

Expedia Group, Inc.

2022-Q1 EPS reported -$0.78 revenue$2,249,000,000

Revenue $2.249B (+81% YoY); gross bookings $24.4B (+58% YoY, -17% vs Q1 2019).
Net loss $122M vs loss $606M a year ago; adjusted EBITDA $173M (vs -$58M).
Stayed room nights +52% YoY; lodging revenue +78% on ADR growth.
Entered new $2.5B unsecured credit facility; redeemed €650M senior notes due June 2022.
Cash $5.6B at quarter end; free cash flow $2.8B (+42% YoY).

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