secwatch.observer — SEC 8-K summary
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Issuer:     Expedia Group, Inc. (EXPE)
CIK:        0001324424
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001324424-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expedia full year net income $352M vs 2021 loss; Q4 revenue up 15% but profit down 36%
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- Full year 2022 GAAP net income $352M vs loss of $269M in 2021; adjusted net income up >300%.
- Q4 revenue $2.62B (+15% YoY); net income $177M ($1.11 EPS) vs $276M ($1.70 EPS) prior year.
- Q4 adjusted EBITDA $449M (-6% YoY); free cash flow -$359M vs +$142M in Q4 2021.
- Full year free cash flow $2.8B, over 70% higher than 2019; reduced debt by $2.2B in 2022.
- Q4 lodging room nights up 19% YoY; management cites severe weather impact but demand accelerating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324424/000132442423000005/0001324424-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324424/000132442423000005/expe-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001324424-23-000005

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