Categories AlphaGraphs, Earnings, Other Industries
Infographic: Highlights of Expedia’s (EXPE) Q1 2022 earnings
Expedia Group (NASDAQ: EXPE) reported first-quarter 2022 financial results. The travel company’s revenues jumped 81% year-over-year to $2.25 billion in the first three months of fiscal 2022.
It reported a net loss of $122 million or $0.78 per share for the most recent quarter, compared to a loss of $606 million or $4.17 per share in the first quarter of 2021. On an adjusted basis, it was a net loss of $0.47 per share, compared to last year’s loss of $2.02 per share.
“As we have seen many times during Covid, this quarter was a tale of two stories. There was early impact from Omicron leftover from late last year, which faded as the turnaround in demand reached new highs since the start of Covid. While the war in Ukraine did slow some of the recovery in Europe, there too we see travel at new highs since the start of the pandemic,” said Peter KernCEO of Expedia Group.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
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
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion
