EXPE

Expedia Group Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 8, 2024
Internet, Lodging, Destinations, Travel, Technology, Online Retail, Mobile, Wireless, Retail, B2B, Expedia Group, EXPE, Growth, GAAP, Video game

Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the fourth quarter and full year ended December 31, 2023.
  • Our work is finally starting to deliver results, and we are in the best place we've ever been technologically," said Peter Kern, Vice Chairman and CEO, Expedia Group.
  • Fourth quarter year over year B2C revenue growth accelerates from the third quarter.
  • Financial Summary & Operating Metrics (In millions, except per share amounts) - Fourth Quarter 2023

Expedia Group Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Technology, Internet, Transportation, Lodging, Retail, Destinations, Vacation, Travel, Online Retail, Leg, EBITDA, Expedia Group, Share repurchase, EXPE, Marketing, Video game, Vrbo

Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the third quarter ended September 30, 2023.

Key Points: 
  • Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the third quarter ended September 30, 2023.
  • "Our strong third quarter results with record revenue and profitability came in ahead of our guidance and reflect the resilience of travel demand and continued improvements stemming from the execution of our strategy.
  • Our new unified loyalty program, One Key, is showing good early results following its July launch in the US.
  • In addition, we have just completed the final leg of the Vrbo migration to our single front-end stack,” said Peter Kern, Vice Chairman and CEO, Expedia Group.

Expedia Group Announces $5 Billion Share Repurchase Authorization

Retrieved on: 
Thursday, November 2, 2023
Online Retail, Retail, Vacation, Lodging, Destinations, Travel, Expedia Group, Share repurchase, EXPE, Expedia

Expedia Group, Inc. (NASDAQ: EXPE) announced today that its Board of Directors has approved a $5 billion share repurchase authorization of the company’s common stock, which is effective immediately and is in addition to the company’s currently outstanding share repurchase authorization.

Key Points: 
  • Expedia Group, Inc. (NASDAQ: EXPE) announced today that its Board of Directors has approved a $5 billion share repurchase authorization of the company’s common stock, which is effective immediately and is in addition to the company’s currently outstanding share repurchase authorization.
  • "The decision to approve a new $5 billion share repurchase authorization reflects our confidence in the long-term outlook of our company and the cash generating power of our business, as well as our commitment to maximizing returns for our shareholders," said Peter Kern, Vice Chairman and CEO, Expedia Group.
  • Expedia Group’s share repurchase authorizations do not have fixed expiration dates and do not obligate the company to acquire any specific number of shares.
  • Under the programs, shares may be repurchased in the open market or in privately negotiated transactions.

Managing Director, Equity Research, Scott Devitt Initiates Coverage on Eight Names in the E-commerce and Advertising Sectors: AMZN, MELI, SE, SHOP, GOOGL, META, PINS and TRIP

Retrieved on: 
Monday, August 21, 2023
Technology, Finance, Banking, Professional Services, Software, Networks, Internet, Data Analytics, Data Management, Asset Management, META, TRIP, Booking Holdings, Advertising, ABNB, Hilltop Holdings Inc., Travel, Alphabet Inc., Meta, SHOP, YOU, UBER, Tripadvisor, Expedia Group, GOOGL, TMT, AMZN, LYFT, Research, Multimedia, Equity, Scott, Federal Trade Commission v. Meta Platforms, Inc., Amazon (company), BKNG, DASH, Name, Research fellow, PINS, Uber Technologies Inc v Heller, SE, Growth, Security (finance), Sea Ltd, MELI, EXPE, Wedbush Securities

Wedbush Securities , one of the nation’s leading independent diversified financial services providers, is pleased to announce Managing Director, Scott Devitt’s second launch of coverage.

Key Points: 
  • Wedbush Securities , one of the nation’s leading independent diversified financial services providers, is pleased to announce Managing Director, Scott Devitt’s second launch of coverage.
  • This subsequent stage of Scott's coverage launch enhances the breadth of TMT research within Wedbush's esteemed Equity Research team, reinforcing the firm’s commitment to providing comprehensive insights and analysis.
  • Managing Director, Head of Equity Research, Kevin Merritt adds, “Scott's insights have been instrumental in our team's growth.
  • With his expanded coverage, we are poised to offer crucial direction for navigating the evolving e-commerce and advertising landscapes."

Expedia Group Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
Other Travel, Vacation, Lodging, Destinations, Travel, Tourist Attractions, Growth, Expedia Group, EXPE, Cryptocurrency, Video game, Expedia

Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the second quarter ended June 30, 2023.

Key Points: 
  • Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the second quarter ended June 30, 2023.
  • “The second quarter saw travel demand remain strong, and we were pleased that along with the progress on our tech transformation we were able to post another record quarter.
  • Yet another compelling reason that the most desirable online travelers will continue to choose Expedia,” said Peter Kern, Vice Chairman and CEO, Expedia Group.
  • Lodging gross bookings at $19.2 billion and revenue at $3.4 billion were at record levels for any second quarter.

Seasoned Analyst, Scott Devitt Joins Wedbush Securities as Managing Director, Equity Research, Internet: E-commerce and Online Travel

Retrieved on: 
Tuesday, June 6, 2023
Technology, Finance, Banking, Professional Services, Software, Networks, Data Analytics, Asset Management, Data Management, Morgan Stanley, Booking Holdings, ABNB, Hilltop Holdings Inc., Travel, Stifel, University, YOU, Terry College of Business, Internet, UBER, Expedia Group, TMT, Business, LYFT, Multimedia, Equity, Veteran, Scott, DELL, BKNG, DASH, Name, Business administration, Devitt, Research fellow, Uber Technologies Inc v Heller, Knowledge, Security (finance), University of North Florida, EXPE, Management, Wedbush Securities, Research

Wedbush Securities , one of the nation’s leading independent diversified financial services providers, is pleased to announce the appointment of Scott Devitt as its newest TMT Equity Research Analyst.

Key Points: 
  • Wedbush Securities , one of the nation’s leading independent diversified financial services providers, is pleased to announce the appointment of Scott Devitt as its newest TMT Equity Research Analyst.
  • This marks the first phase of a broader launch of coverage that will continue to expand the depth of names under Wedbush’s distinguished Equity Research team.
  • Scott, and his associates Michael Gerbino and Matthew Weiss, are based in Wedbush’s New York office.
  • He adds, “I am thrilled to join Wedbush Securities and contribute to the team’s evolving internet and software research.

Expedia Group Reports First Quarter 2023 Results

Retrieved on: 
Thursday, May 4, 2023
Online Retail, Internet, Vacation, Cruise, Other Travel, Electronic Commerce, Transportation, Technology, Lodging, Destinations, Travel, Retail, Tourist Attractions, IOS, ChatGPT, Growth, Total, AI, ML, Expedia Group, EXPE, Video game

Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2023.

Key Points: 
  • Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2023.
  • "The first quarter saw strong travel demand driven by increasing international travel, major city travel, and the reopening in Asia.
  • We invested into that demand driving record lodging bookings and continued strength in app usage and loyalty member counts.
  • Our performance was enhanced by greater testing velocity and accelerating deployment of AI and ML, including our recent integration of ChatGPT into our iOS experience," said Peter Kern, Vice Chairman and CEO, Expedia Group.

Brex co-Founder Henrique Dubugras Joins Expedia Group Board of Directors

Retrieved on: 
Tuesday, November 8, 2022
NASDAQ, Expedia Group, Technology, Trivago, Compliance, Travel, Board, SAN, SeatGeek, Hotwire, DoorDash, CEO, EXPE, Business, Policy, View, Hotels.com, Board of directors, Solution, CheapTickets, Multimedia, Expedia Cruises, Management, Coinbase, Brex, Director, Expedia, Travelocity, Orbitz

SAN FRANCISCO, Nov. 8, 2022 /PRNewswire/ -- Brex today announced Henrique Dubugras, Co-founder and Co-CEO of Brex, has been elected to Expedia Group's Board of Directors.

Key Points: 
  • SAN FRANCISCO, Nov. 8, 2022 /PRNewswire/ -- Brex today announced Henrique Dubugras, Co-founder and Co-CEO of Brex, has been elected to Expedia Group's Board of Directors.
  • As a board member, Dubugras will help the company expand its mission of powering global travel for everyone, everywhere.
  • "I am thrilled to be joining Expedia Group's Board of Directors and honored to be working alongside some of the smartest people across tech, business, finance and policy," said Dubugras.
  • The Expedia Group family of brands includes: Expedia, Hotels.com, Expedia Partner Solutions, Vrbo, trivago, Orbitz, Travelocity, Hotwire, Wotif, ebookers, CheapTickets, Expedia Group Media Solutions, CarRentals.com, and Expedia Cruises.

Expedia Group Appoints Julie Whalen as New Chief Financial Officer

Retrieved on: 
Wednesday, September 14, 2022
Lodging, Online Retail, Destinations, Technology, Vacation, Travel, Cruise, Tourist Attractions, Retail, Internet, Other Travel, Group, CFO, Director, EXPE, Williams-Sonoma, Inc., Expedia Group, Company, Treasury, Supervisory board, Respect, Business, Travel, Audit committee, CST, CEO, Accounting, Board of directors, Technology, NASDAQ, Williams Sonoma (brand), Board, Multimedia, EVP, Management, Expedia, Kern

Expedia Group, Inc. (NASDAQ: EXPE) announced today that Julie Whalen will be Expedia Groups Executive Vice President and Chief Financial Officer, effective September 26, 2022.

Key Points: 
  • Expedia Group, Inc. (NASDAQ: EXPE) announced today that Julie Whalen will be Expedia Groups Executive Vice President and Chief Financial Officer, effective September 26, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220914005778/en/
    Expedia Group Appoints Julie Whalen as New Chief Financial Officer (Photo: Business Wire)
    As Expedia Groups EVP and CFO, Ms. Whalen will lead the Companys global finance organization and financial activities including accounting, corporate development, financial reporting and analysis, internal audit, investor relations, real estate, tax, and treasury.
  • Ms. Whalen comes to Expedia Group with more than two decades of finance experience and a proven track record of driving financial success in a global retail environment across multiple brands and channels.
  • The Expedia Group family of brands includes: Expedia, Hotels.com, Expedia Partner Solutions, Vrbo, trivago, Orbitz, Travelocity, Hotwire, Wotif, ebookers, CheapTickets, Expedia Group Media Solutions, CarRentals.com, and Expedia Cruises.

Vacasa Appoints Rob Greyber as Next Chief Executive Officer

Retrieved on: 
Wednesday, August 24, 2022
Other Travel, Lodging, Travel, Vacation, COVID-19, Mergers and acquisitions, CEO, Technology, Silver, University, Partner (business rank), EDS, EBITDA, City, Private Securities Litigation Reform Act, VCSA, Coronavirus, Airbnb, Board, Vrbo, Â, College Park, Booking.com, Adjustment, Forward-looking statement, Silver Lake, SEC, Orientation, Multimedia, Software as a service, Accounting, MBA, Leadership, Nasdaq, EXPE, History of the University of Maryland, College Park, University of Chicago Booth School of Business, Electronic Data Systems, Business, Acquisition, Growth, Industry, Travel, Hotel, Management, Video game, Expedia Group, Nordic, Expedia, Vacasa

Vacasa (Nasdaq: VCSA), North Americas leading vacation rental management platform, today announced the appointment of Rob Greyber as Chief Executive Officer effective September 6.

Key Points: 
  • Vacasa (Nasdaq: VCSA), North Americas leading vacation rental management platform, today announced the appointment of Rob Greyber as Chief Executive Officer effective September 6.
  • Greyber joins Vacasa with 20 years of experience building and leading companies in the travel and technology industries.
  • View the full release here: https://www.businesswire.com/news/home/20220824005211/en/
    Rob Greyber, Vacasa's next Chief Executive Officer.
  • On behalf of the Board, we are pleased to welcome Rob to Vacasa.