Categories AlphaGraphs, Earnings, Hospitality
Infographic: A snapshot of Booking Holdings’ Q1 2023 earnings report
Booking Holdings Inc. (NASDAQ: BKNG) has announced financial results for the first quarter that ended March 31, 2023, reporting strong earnings and revenue growth.
Reported net income for the first quarter was $266 million, or $7.0 per share, compared to a loss of $700 million, or $17.10 per share in the first quarter of 2022.
Adjusted profit more than doubled year-over-year to $11.6 per share in the three-month period from $3.90 per share a year ago. Driving the bottom-line growth, total revenues rose 40% year-over-year to $3.8 billion.
“Our focus remains on continuing to improve our offering to both our supply partners and travelers, and I am encouraged by the progress our teams continue to make,” said Glenn Fogel, CEO of Booking Holdings.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to