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Sep 30, 2023
Booking Q3 2023 Earnings Report
Booking's Q3 2023 financial results were reported, showing increases in gross travel bookings, room nights booked, total revenues, and net income.
Key Takeaways
Booking Holdings reported a strong third quarter in 2023, marked by record quarterly room nights, gross bookings, revenue, and net income, driven by a robust summer travel season. Gross travel bookings reached $39.8 billion, and total revenues amounted to $7.3 billion, reflecting the resilience of leisure travel demand.
Gross travel bookings increased by 24% year-over-year to $39.8 billion.
Room nights booked increased by 15% compared to the prior-year quarter.
Total revenues grew by 21% year-over-year, reaching $7.3 billion.
Net income increased by 51% from the prior-year quarter to $2.5 billion.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements, which reflect the views of the Company's management regarding current expectations based on currently available information about future events. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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