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Expedia Group (NASDAQ: EXPE ) has reported its fourth quarter financial results. Travel company revenue doubled to $2.62 billion in the last three months of fiscal 2022.
It reported net income of $177 million or $1.11 per share for the most recent quarter, compared to $276 million or $1.70 per share in the fourth quarter of 2021. Adjusted earnings were $1.26 per share, up 19%. years.
“While our Q4 results were negatively impacted by severe weather, demand was strong and accelerating, and has been stronger since the beginning of the year,” said Peter Kern, Vice Chairman and CEO of Expedia Group.
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