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The latest announcement is out from Expedia ( (EXPE) ).
Expedia Group reported robust third-quarter 2024 results, with a notable 9% increase in booked room nights and a 7% rise in gross bookings compared to the previous year. The company also announced a CFO transition, with Julie Whalen stepping down by February 2025, ensuring a seamless changeover. Despite a 2-point negative impact from foreign exchange, revenue grew by 3%, driven by strong performances in both B2C and B2B segments. The company’s strategic focus continues to yield positive results, enhancing investor confidence.
Learn more about EXPE stock on TipRanks’ Stock Analysis page.
