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.

Booking Holdings Q1 2023 earnings infographic

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.

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