Expedia Q1 revenue record $2.7B (+18% YoY); net loss $145M, adjusted EBITDA up 7%

Expedia Group, Inc.

2023-Q1 EPS reported -$0.95 revenue$2,665,000,000

Gross bookings $29.4B (+20% YoY); record lodging bookings $21.1B.
Revenue $2.665B (+18% YoY), highest ever Q1 revenue.
GAAP net loss $145M ($0.95 per share); adjusted net loss $30M ($0.20 per share).
B2B revenue $668M, up 55% YoY.
Year-to-date share repurchases $600M (~6M shares) at accelerated pace.

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 0.9

Expedia Group, Inc. reported first quarter ended March 31, 2023 results: revenue $2,665, net income $(145), EPS $(0.95).

Period: first quarter ended March 31, 2023
Revenue: $2,665
Net income: $(145)
EPS: $(0.95)
Result: reported results

Exact text from the filing

Revenue $2,665 $2,249 18% Operating loss $(121) $(135) (11)% Net loss attributable to Expedia Group, Inc. $(145) $(122) 18% Diluted loss per share $(0.95) $(0.78) 21%

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Source: SEC EDGAR

accession 0001324424-23-000029

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