secwatch.observer — SEC 8-K summary
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Issuer:     Expedia Group, Inc. (EXPE)
CIK:        0001324424
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001324424-24-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expedia Q1 rev $2.9B (+8%), net loss $135M, cuts FY guidance to mid-high single-digit growth
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- Revenue $2.889B (+8% YoY); adjusted EBITDA $255M (+38%), margin expansion 191 bps.
- Net loss $135M ($0.99 diluted loss); adjusted EPS $0.21.
- Gross bookings $30.2B (+3%); lodging +4%, hotel +12%; Vrbo recovery slower.
- FY2024 guidance cut to mid-to-high single-digit revenue growth; margins roughly in line.
- Year-to-date share repurchases ~$786M (5.7M shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324424/000132442424000024/0001324424-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324424/000132442424000024/expe-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001324424-24-000024

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