Expedia reports record Q3 revenue and adjusted EBITDA; net income $482M, EPS $2.98

Expedia Group, Inc.

2022-Q3 EPS reported $1.08 revenue$9,049,000,000

Revenue $3.62B, up 22% YoY; record quarterly revenue.
Adjusted EBITDA $1.08B, first time exceeding $1B, up 26% YoY.
Net income $482M, diluted EPS $2.98; adjusted EPS $4.05.
Repurchased 1.5M shares for $153M in Q3, plus 0.5M after quarter-end for $47M.
Retired $500M of debt; cumulative debt reduction over $3.4B in 18 months.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Expedia Group, Inc. reported the third quarter ended September 30, 2022 results: revenue $3,619, net income $482, EPS $2.98.

Period: the third quarter ended September 30, 2022
Revenue: $3,619
Net income: $482
EPS: $2.98
Result: reported results

Exact text from the filing

share amounts) (1) Expedia Group, Inc. Metric Q3 2022 Q3 2021 Δ Y/Y Booked room nights 81.6 65.4 25% Stayed room nights 93.2 77.8 20% Gross bookings $23,987 $18,725 28% Revenue 3,619 2,962 22% Operating income 747 524 42% Net income attributable to Expedia Group common stockholders 482 362 33% Diluted earnings per share $2.98 $2.26 32% Adjusted EBITDA (2)

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Source: SEC EDGAR

accession 0001324424-22-000063

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