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.

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

NKE Earnings Preview: Nike likely to report mixed Q1 results

Nike, Inc. (NYSE: NKE) ended fiscal 2023 on an unimpressive note, reporting weaker-than-expected earnings for the final months of the year when the sneaker giant’s revenues increased modestly. The company's

KB Home (KBH): A look at how the homebuilder fared in its most recent quarter

Shares of KB Home (NYSE: KBH) were down on Friday. The stock has gained 43% year-to-date and 68% over the past 12 months. The homebuilder delivered better-than-expected results for the

UnitedHealth Group (UNH) looks unfazed by short-term challenges

Healthcare conglomerate UnitedHealth Group (NYSE: UNH) has a good track record of effectively navigating challenges. The company's diversified offerings help it deliver consistent revenue and profit growth. Recently, profitability came

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top