Expedia Group, Inc. (EXPE) 10-Q Quarterly Report October 2018

BELLEVUE, WA – October 25, 2018 – Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the third quarter ended September 30, 2018.

Key Highlights


•	Gross bookings increased $2.5 billion or 11% year-over-year to $24.7 billion. Revenue increased 10% year-over-year to $3.3 billion.


•	Net income and Adjusted EBITDA grew 49% and 29% year-over-year, respectively, during the third quarter. HomeAway grew both operating income and Adjusted EBITDA 66% year-over-year.⁽¹⁾


•	Total stayed lodging room nights grew 13% year-over-year, while stayed property nights for HomeAway increased 28% year-over-year.


•	Expedia Group's global lodging portfolio increased to more than 895,000 properties available as of September 30, 2018, including over 300,000 integrated HomeAway listings. HomeAway now offers nearly 1.8 million online bookable listings.


•	Year to date, Expedia Group repurchased 5.4 million shares for $634 million.

Financial Summary & Operating Metrics ($ millions except per share amounts)



	Expedia Group (excluding trivago)⁽²⁾			Expedia Group, Inc.
Metric	Q3 2018	Q3 2017	Δ Y/Y	Q3 2018	Q3 2017	Δ Y/Y
Room night growth	13%	16%	(383) bps	13%	16%	(383) bps
Gross bookings	$24,676	$22,197	11%	$24,676	$22,197	11%
Revenue	3,076	2,745	12%	3,276	2,966	10%
Operating income	651	499	31%	672	481	39%
Net income attributable to Expedia Group				525	352	49%
Diluted EPS				$3.43	$2.23	54%
Adjusted EBITDA⁽¹⁾	881	717	23%	912	709	29%
Adjusted net income⁽¹⁾	553	393	41%	567	399	42%
Adjusted EPS⁽¹⁾	$3.56	$2.47	44%	$3.65	$2.51	46%
Free cash flow⁽¹⁾				(594)	(612)	(3)%

⁽¹⁾ "Adjusted EBITDA" (Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization), "Adjusted net income (loss)," "Adjusted EPS" and "Free cash flow" are non-GAAP measures as defined by the Securities and Exchange Commission (the "SEC"). See "Definitions of Non-GAAP Measures" and "Tabular Reconciliations for Non-GAAP Measures" on pages 14-19 herein for an explanation and reconciliations of non-GAAP measures used throughout this release. Expedia Group does not calculate or report net income by segment.

⁽²⁾ Upon completion of its initial public offering on December 16, 2016, trivago became a separately listed company on the Nasdaq Global Select Market and, therefore, is subject to its own reporting and filing requirements which could result in possible differences that are not expected to be material to Expedia Group.

Please refer to the "Glossary of Business Terms," located in the Quarterly Results section on Expedia Group's investor relations website, for business and financial statement definitions used throughout this release.

Page 1 of 21

The following information was filed by Expedia Group, Inc. (EXPE) on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

Please wait while we load the requested 10-Q report or click the link below:

https://last10k.com/sec-filings/report/1324424/000132442418000053/a10-qxq32018.htm

View differences made from one quarter to another to evaluate Expedia Group, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Expedia Group, Inc..

Continue

Assess how Expedia Group, Inc.'s management team is paid from their Annual Proxy

Expedia Group, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Expedia Group, Inc. provided additional information to their SEC Filing as exhibits

Exhibit 10.1: Material Contract

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.3: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Exhibit 32.3: Section 1350 Certification

Ticker: EXPE
CIK: 1324424
Form Type: 10-Q Quarterly Report
Accession Number: 0001324424-18-000053
Submitted to the SEC: Thu Oct 25 2018 5:55:30 PM EST
Accepted by the SEC: Fri Oct 26 2018
Period: Sunday, September 30, 2018
Industry: Transportation Services

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/expe/0001324424-18-000053.htm

Expedia Group, Inc. (EXPE) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

SEC Filings

EXPE Valuations

EXPE Annual Reports

EXPE Quarterly Reports

EXPE Corporate News