Booking Holdings Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 02:43 am IST
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Booking Holdings Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 6,052 million compared to USD 4,676 million a year ago. Net income was USD 1,666 million compared to USD 769 million a year ago. Basic earnings per share from continuing operations was USD 42.1 compared to USD 18.73 a year ago. Diluted earnings per share from continuing operations was USD 41.98 compared to USD 18.6 a year ago.
For the nine months, revenue was USD 13,041 million compared to USD 7,977 million a year ago. Net income was USD 1,823 million compared to USD 547 million a year ago. Basic earnings per share from continuing operations was USD 45.2 compared to USD 13.33 a year ago. Diluted earnings per share from continuing operations was USD 45 compared to USD 13.22 a year ago.
Booking Holdings Inc. is one of the world's leading online travel companies. The group offers a broad range of travel services: hotel booking, car rentals, airline tickets booking, combined trips, customized trips, cruises, etc.
Net sales are distributed geographically as follows: the United States (10.9%), the Netherlands (79.6%) and other (9.5%).