Expedia reported second-quarter revenue of $4.32 billion, up 14% year on year and exceeding analyst estimates of $4.17 billion. Adjusted earnings per share came in at $5.76, beating the consensus of $5.25 by 9.7%, while adjusted EBITDA of $1.12 billion topped expectations of $1.04 billion. The company guided for third-quarter revenue of $4.70 billion at the midpoint, slightly above analyst forecasts. Room nights booked rose to 111.5 million from 105.5 million a year earlier, and operating margin expanded to 18.5% from 12.8%. CEO Ariane Gorin highlighted AI-powered personalization and marketplace expansion, including becoming the first online travel agency to distribute Allegiant flights, as key growth drivers.
Expedia Group Inc.Q2 revenue and EPS beat estimates, with strong EBITDA and margin expansion.
