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EXPE Earnings: Expedia stories increased income and revenue for This fall 2024

by Index Investing News
February 9, 2025
in Markets
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Expedia Group, Inc. (NASDAQ: EXPE) has reported a double-digit progress in revenues and adjusted earnings for the fourth quarter of 2024. The journey firm’s gross bookings rose 13% in the course of the quarter.

EXPE Earnings: Expedia stories increased income and revenue for This fall 2024

December-quarter revenues elevated 10% yearly to $3.18 billion, reflecting progress throughout all enterprise segments. Gross bookings elevated 13% year-over-year to $24.4 billion.

The corporate reported earnings of $2.39 per share for This fall, excluding particular gadgets, in comparison with $1.72 per share within the year-ago interval. On an unadjusted foundation, internet revenue was $299 million or $2.20 per share, in comparison with $132 million or $0.92 per share within the fourth quarter of 2023.

“Our fourth quarter outcomes exceeded our expectations and replicate continued robust execution and better-than-expected journey demand. All three of our core client manufacturers achieved bookings progress and we additional accelerated progress in our B2B enterprise. These outcomes contributed to a strong full yr 2024 for us,” stated Expedia’s CEO Ariane Gorin.

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