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Expedia Stock Trades Down On Q1 Revenue Miss: 'Weaker Than Expected Demand In The US'
Benzinga· 2025-05-09 05:26
Travel company Expedia Group Inc EXPE reported first-quarter financial results after market close Thursday.Here are the key highlights.What Happened: Expedia reported first-quarter revenue of $2.99 billion, up 3% year-over-year. The revenue total missed a Street consensus estimate of $3.01 billion according to data from Benzinga Pro.The company said revenue growth came from B2B and Advertising segments, which were up 14% and 20%, respectively, on a year-over-year basis.The company reported quarterly earning ...