Expedia Group Inc.’s stock sagged more than 2% in extended trading Thursday after the online travel service reported a quarterly loss. Expedia reported a...
Expedia Group Inc.’s EXPE stock sagged more than 2% in extended trading Thursday after the online travel service reported a quarterly loss. Expedia reported a fiscal first-quarter net loss of $145 million, or 95 cents a share, compared with a net loss of $122 million, or 78 cents a share, in the year-ago quarter. Adjusted earnings were a loss of 20 cents a share. Revenue did jump to $2.67 billion from $2.25 billion a year ago.
Expedia Group Inc.’s EXPE stock sagged more than 2% in extended trading Thursday after the online travel service reported a quarterly loss. Expedia reported a fiscal first-quarter net loss of $145 million, or 95 cents a share, compared with a net loss of $122 million, or 78 cents a share, in the year-ago quarter. Adjusted earnings were a loss of 20 cents a share. Revenue did jump to $2.67 billion from $2.25 billion a year ago.
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