Expedia (EXPE) Tops Q1 EPS by 35c
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Expedia Group Reports First Quarter 2024 Results
May 2, 2024 4:01 PM EDT
Posts strong first quarter revenue and profitability
Revenue grew 8% y/y with margin expansion
Accelerated level of share repurchases at $786 million year-to-date
SEATTLE--(BUSINESS WIRE)-- Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2024.
Our first quarter results met our guidance with a revenue and earnings beat but with less robust gross bookings. We saw continued momentum in B2B, Brand Expedia and Advertising. However, Vrbos recovery following the recent re-platforming has been slower than... More
