Expedia (EXPE) Misses Q4 EPS by 43c
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Expedia Group Reports Fourth Quarter and Full Year 2022 Results
February 9, 2023 4:01 PM ESTSEATTLE--(BUSINESS WIRE)-- Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the fourth quarter and full year ended December 31, 2022.
Key Highlights
Record full year and fourth quarter lodging bookings and lodging revenue. Significant earnings growth with full year GAAP net income of $352 million, compared to a net loss of $269 million in 2021. Full year adjusted net income up over 300% versus 2021 and record Adjusted EBITDA of over $2.3 billion. Full year free cash flow grew to $2.8 billion, over 70% higher than 2019. Reduced debt by $2.2 billion during 2022,... More