earnings
confidence high
sentiment positive
materiality 0.82
Expedia Q2 net income $385M vs $185M loss, revenue $3.4B record, adjusted EBITDA $747M +15%
Expedia Group, Inc.
2023-Q2 EPS reported
$1.55
revenue$6,023,000,000
- Net income $385M (diluted EPS $2.54) vs loss of $185M (loss per share $1.17) in Q2 2022.
- Record Q2 revenue $3.4B (+6% YoY); lodging gross bookings $19.2B (+7%).
- Adjusted EBITDA $747M (+15%); margin expands 190 bps; B2B revenue $861M (+32%).
- Year-to-date share repurchases $1.2B (~12M shares); free cash flow $923M in Q2.
- Launched One Key loyalty program in the U.S. in July; reiterates full-year guidance.