Booking Holdings Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022 at 09:06 pm
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Booking Holdings Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 4,294 million compared to USD 2,160 million a year ago. Net income was USD 857 million compared to net loss of USD 167 million a year ago. Basic earnings per share from continuing operations was USD 21.15 compared to basic loss per share from continuing operations of USD 4.08 a year ago. Diluted earnings per share from continuing operations was USD 21.07 compared to diluted loss per share from continuing operations of USD 4.08 a year ago.
For the six months, revenue was USD 6,989 million compared to USD 3,301 million a year ago. Net income was USD 157 million compared to net loss of USD 222 million a year ago. Basic earnings per share from continuing operations was USD 3.86 compared to basic loss per share from continuing operations of USD 5.42 a year ago. Diluted earnings per share from continuing operations was USD 3.84 compared to diluted loss per share from continuing operations of USD 5.42 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%).