Booking Holdings Inc.
Booking Holdings Reports First Quarter 2025 Financial Results
Summary
Booking Holdings Inc. announced its financial results for the first quarter of 2025, reporting a 7% growth in room nights and 7% growth in gross bookings compared to the first quarter of 2024. The company's revenue increased by 8% year-over-year or 10% on a constant currency basis. GAAP net income and EPS significantly declined due to higher interest expenses and other costs. The company also declared a cash dividend of $9.60 per share and repurchased $1.8 billion of stock under its authorized stock repurchase program.
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About Booking Holdings Inc.
Booking Holdings Inc. is a leading provider of online travel and hospitality services, connecting consumers and travel service providers worldwide. Primarily functioning as an intermediary platform, it facilitates the booking of travel accommodations, airline tickets, rental cars, and restaurant reservations. Through notable brands such as Booking.com, Priceline, and Agoda, the company operates across diverse markets, impacting the travel, leisure, and hospitality industries. Booking Holdings leverages advanced technologies and data-driven strategies to streamline the user experience, offering a vast inventory of travel options tailored to customers' needs. It plays a pivotal role in the global travel market by enabling seamless and efficient transactions, supporting the travel plans of millions of consumers while providing businesses with robust distribution channels. Founded in 1997 and headquartered in Norwalk, Connecticut, Booking Holdings Inc. remains a key player in transforming the way people travel and experience the world through digital innovations.
Official SEC Documents
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