Expedia Group Inc

EXPE: XNAS (USA)
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Expedia Earnings: Technology Investments Drive Strong Sales Growth Amid Transitory Headwinds

Despite a 2-percentage-point headwind from the Iran war and Mexico, Expedia's first-quarter bookings grew 13%, above its 10%-12% guidance. Adjusted EBITDA expanded by 591 basis points to 15.8%, its highest first-quarter mark in 15 years, on AI-led marketing and customer service efficiencies.

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