Expedia Group (EXPE) 2Q24 Earnings Report: Key Financial Highlights

Friday, 9 August 2024, 11:57

Expedia Group, Inc. (NASDAQ: EXPE) has announced its earnings for the second quarter of 2024, revealing a revenue increase of 6% year-over-year, totaling $3.6 billion. The company's net income rose slightly to $386 million, while both GAAP EPS and adjusted EPS showed significant growth, up 10% and 21% respectively. These results indicate solid performance amidst changing market dynamics.
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Expedia Group (EXPE) 2Q24 Earnings Report: Key Financial Highlights

Expedia Group (EXPE) Earnings Overview

Expedia Group, Inc. (NASDAQ: EXPE) has reported its financial results for the second quarter of 2024, highlighting some key metrics:

Key Financial Metrics

  • Revenues: $3.6 billion, a 6% increase year-over-year.
  • Net Income: $386 million, slightly up from $385 million last year.
  • GAAP EPS: Grew 10% to $2.80.
  • Adjusted EPS: Increased 21% to $3.51 compared to last year.

Conclusion

These earnings highlight Expedia's ability to grow in a competitive environment, with significant increases in earnings per share indicating strong financial health. The results reflect confidence in the company's strategy and its resilience amidst market fluctuations.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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