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Expedia | 8-K: Expedia Group Reports Third Quarter 2024 Results

Expedia | 8-K: Expedia Group Reports Third Quarter 2024 Results

Expedia | 8-K:Expedia 集团公布2024年第三季度业绩
美股SEC公告 ·  2024/11/08 05:11

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Expedia Group reported solid Q3 2024 results with revenue growing 3% to $4.1 billion, while booked room nights increased 9% YoY. Gross bookings rose 7% to $27.5 billion, with B2B bookings surging 19%. Operating income jumped 26% to $762 million, while net income soared 61% to $684 million.The company's B2C segment showed continued momentum with Brand Expedia growing room nights at mid-teens, while B2B revenue increased 18% to $1.2 billion. Lodging gross bookings reached $20.0 billion, up 8% YoY, with hotel bookings rising 10%. The company has repurchased approximately 12.0 million shares for $1.6 billion year-to-date.In a leadership change, CFO Julie Whalen will step down upon the appointment of her successor, expected before February 17, 2025. She has also resigned from the Board of Directors effective immediately. Whalen will remain with the company through February 2025 to ensure a smooth transition.
Expedia Group reported solid Q3 2024 results with revenue growing 3% to $4.1 billion, while booked room nights increased 9% YoY. Gross bookings rose 7% to $27.5 billion, with B2B bookings surging 19%. Operating income jumped 26% to $762 million, while net income soared 61% to $684 million.The company's B2C segment showed continued momentum with Brand Expedia growing room nights at mid-teens, while B2B revenue increased 18% to $1.2 billion. Lodging gross bookings reached $20.0 billion, up 8% YoY, with hotel bookings rising 10%. The company has repurchased approximately 12.0 million shares for $1.6 billion year-to-date.In a leadership change, CFO Julie Whalen will step down upon the appointment of her successor, expected before February 17, 2025. She has also resigned from the Board of Directors effective immediately. Whalen will remain with the company through February 2025 to ensure a smooth transition.
Expedia集团发布了2024年第三季度的良好业绩,营业收入增长3%至410亿美元,而预订房晚同比增长9%。毛预订额上升7%至275亿,B20亿的预订额激增19%。营业收入跃升26%至76200万美元,而净利润飙升61%至68400万美元。公司的B2C部门继续保持增长,Brand Expedia的房晚增长中个位数,而B20亿营业收入增加18%至12亿。住宿的毛预订额达到200亿,同比增长8%,酒店预订上升10%。公司已回购约1200万股,耗资16亿,截至目前。在领导层变化中,首席财务官Julie Whalen将在其继任者任命后辞职,预计在2025年2月17日之前任命。她还立即辞去了董事会成员职务。Whalen将在2025年2月之前与公司保持联系,以确保平稳过渡。
Expedia集团发布了2024年第三季度的良好业绩,营业收入增长3%至410亿美元,而预订房晚同比增长9%。毛预订额上升7%至275亿,B20亿的预订额激增19%。营业收入跃升26%至76200万美元,而净利润飙升61%至68400万美元。公司的B2C部门继续保持增长,Brand Expedia的房晚增长中个位数,而B20亿营业收入增加18%至12亿。住宿的毛预订额达到200亿,同比增长8%,酒店预订上升10%。公司已回购约1200万股,耗资16亿,截至目前。在领导层变化中,首席财务官Julie Whalen将在其继任者任命后辞职,预计在2025年2月17日之前任命。她还立即辞去了董事会成员职务。Whalen将在2025年2月之前与公司保持联系,以确保平稳过渡。
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