secwatch.observer — SEC 8-K summary
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Issuer:     Expedia Group, Inc. (EXPE)
CIK:        0001324424
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001324424-22-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expedia Q2 revenue $3.2B (+51% YoY); adjusted EBITDA $648M, record lodging bookings
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- Revenue $3.18B, up 51% YoY and 1% vs Q2 2019; highest Q2 revenue and adjusted EBITDA on record.
- GAAP net loss $185M ($1.17 diluted loss per share); adjusted net income $310M, adj. EPS $1.96.
- Room nights stayed up 40% YoY; lodging revenue up 57% driven by volume and higher ADR.
- Redeemed $1B in senior notes due 2023/2024; repaid over $2.9B net debt and preferred equity since May 2021.
- Free cash flow $1.5B, down 37% YoY on working capital; cash and equivalents $5.6B at June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324424/000132442422000049/0001324424-22-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324424/000132442422000049/expe-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001324424-22-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer