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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 集團公佈2024年第三季度業績
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集團公佈了2024年第三季度的良好業績，營業收入增長3%至410億，預訂房晚同比增長9%。毛預訂量上升7%至275億，B20億的預訂激增19%。營業收入躍升26%至76200萬，而凈利潤飆升61%至68400萬。公司的B2C部門繼續保持勢頭，品牌Expedia的房晚增長達到中等十幾，而B20億的營業收入增長18%，達到12億。住宿的毛預訂量達到200億，同比增長8%，酒店預訂上升10%。公司迄今已回購約1200萬股，耗資16億。在領導變更中，財務長朱莉·韋倫（Julie Whalen）將在接替者任命後辭職，預計在2025年2月17日之前完成。她還立即辭去了董事會的職務。韋倫將繼續留任公司，直到2025年2月，以確保平穩過渡。
Expedia集團公佈了2024年第三季度的良好業績，營業收入增長3%至410億，預訂房晚同比增長9%。毛預訂量上升7%至275億，B20億的預訂激增19%。營業收入躍升26%至76200萬，而凈利潤飆升61%至68400萬。公司的B2C部門繼續保持勢頭，品牌Expedia的房晚增長達到中等十幾，而B20億的營業收入增長18%，達到12億。住宿的毛預訂量達到200億，同比增長8%，酒店預訂上升10%。公司迄今已回購約1200萬股，耗資16億。在領導變更中，財務長朱莉·韋倫（Julie Whalen）將在接替者任命後辭職，預計在2025年2月17日之前完成。她還立即辭去了董事會的職務。韋倫將繼續留任公司，直到2025年2月，以確保平穩過渡。
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