2023-05-30 03:32:22 ET
- H World Group press release ( HTHT ): Q1 Non-GAAP EPS of $0.45.
- Revenue of $652M (+67.1% Y/Y) misses by $49.07M .
- Operating margin, defined as income from operations as a percentage of revenue, was 14.8% in the first quarter of 2023, compared with a negative 26.4% in the first quarter of 2022 and a negative 2.5% for the previous quarter.
- Adjusted EBITDA was $240M in the first quarter of 2023.
- Outlook: In the second quarter of 2023, H World expects its revenue growth to be in the range of 51%-55% as compared to the second quarter of 2022, or in the range of 64%-68% excluding DH.
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H World Group Non-GAAP EPS of $0.45, revenue of $652M misses by $49.07M; issues Q2 guidance