- Booking Holdings press release ( NASDAQ: BKNG ): Q2 Non-GAAP EPS of $19.08 beats by $1.41 .
- Revenue of $4.3B (+99.1% Y/Y) misses by $50M .
- Shares +4% .
- Gross travel bookings were $34.5B, an increase of 57% from the prior year quarter.
- "We reached another milestone in our company’s recovery from the impact of the pandemic with room nights for the second quarter surpassing 2019 levels for the first time. We continued to see very strong accommodation ADR growth, which helped drive a 38% increase in gross bookings, or a 48% increase on a constant currency basis, in the second quarter versus the second quarter of 2019," said Glenn Fogel, Chief Executive Officer of Booking Holdings. "Looking forward, we expect record Q3 revenue and are very busy working with our customers and partners to help enable an extremely busy summer travel season."
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Booking Holdings Non-GAAP EPS of $19.08 beats by $1.41, revenue of $4.3B misses by $50M