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Expedia | 10-Q: Q3 2024 Earnings Report

Expedia | 10-Q: Q3 2024 Earnings Report

Expedia | 10-Q:2024财年三季报
美股SEC公告 ·  2024/11/08 12:28

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Expedia Group reported Q3 2024 revenue of $4.06 billion, up 3% year-over-year, with operating income increasing 26% to $762 million. The company's B2B segment showed strong performance with 18% revenue growth, while total gross bookings rose 7% to $27.5 billion. Room nights booked increased 9% across its lodging business.The company's B2C segment revenue declined slightly by 1% to $2.78 billion, while trivago revenue decreased 11% to $102 million. Lodging remained the primary revenue driver, accounting for 82% of total revenue. The company maintained strong liquidity with $4.9 billion in cash and short-term investments as of September 30, 2024.During Q3, Expedia repurchased 3.1 million shares for $407 million under its $5 billion share repurchase program authorized in October 2023. The company recorded a $92 million charge related to an Italian VAT settlement reserve and recognized $6 million in restructuring charges as part of its organizational transformation efforts.
Expedia Group reported Q3 2024 revenue of $4.06 billion, up 3% year-over-year, with operating income increasing 26% to $762 million. The company's B2B segment showed strong performance with 18% revenue growth, while total gross bookings rose 7% to $27.5 billion. Room nights booked increased 9% across its lodging business.The company's B2C segment revenue declined slightly by 1% to $2.78 billion, while trivago revenue decreased 11% to $102 million. Lodging remained the primary revenue driver, accounting for 82% of total revenue. The company maintained strong liquidity with $4.9 billion in cash and short-term investments as of September 30, 2024.During Q3, Expedia repurchased 3.1 million shares for $407 million under its $5 billion share repurchase program authorized in October 2023. The company recorded a $92 million charge related to an Italian VAT settlement reserve and recognized $6 million in restructuring charges as part of its organizational transformation efforts.
Expedia集团报告2024年第三季度营业收入为40.6亿美金,同比增长3%,营业收入增加了26%,达到了76200万美金。该公司的B2B业务表现强劲,营业收入增长18%,而总的毛预订量上升7%,达到了275亿美金。住宿业务的房晚预订量同比增长了9%。公司的B2C业务收入略微下降1%,达27.8亿美金,而Trivago的营业收入下降了11%,为10200万美金。住宿业务仍然是主要的收入来源,占总营业收入的82%。截至2024年9月30日,公司保持了强劲的流动性,现金和短期投资达到了49亿美金。在第三季度,Expedia根据其在2023年10月获批的50亿美金股票回购计划回购了310万股股票,金额为40700万美金。公司记录了一项9200万美金的费用,涉及意大利增值税和解准备金,并在其组织转型努力中确认了600万美金的重组费用。
Expedia集团报告2024年第三季度营业收入为40.6亿美金,同比增长3%,营业收入增加了26%,达到了76200万美金。该公司的B2B业务表现强劲,营业收入增长18%,而总的毛预订量上升7%,达到了275亿美金。住宿业务的房晚预订量同比增长了9%。公司的B2C业务收入略微下降1%,达27.8亿美金,而Trivago的营业收入下降了11%,为10200万美金。住宿业务仍然是主要的收入来源,占总营业收入的82%。截至2024年9月30日,公司保持了强劲的流动性,现金和短期投资达到了49亿美金。在第三季度,Expedia根据其在2023年10月获批的50亿美金股票回购计划回购了310万股股票,金额为40700万美金。公司记录了一项9200万美金的费用,涉及意大利增值税和解准备金,并在其组织转型努力中确认了600万美金的重组费用。
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