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Expedia Earnings Surge on B2B Growth

Wall Street Journal US Business •
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Expedia delivered strong first-quarter results as its business-facing segment continues powering growth. The online travel agency narrowed losses dramatically, reporting a $6 million deficit compared to last year's $200 million shortfall. Revenue climbed 15% to $3.43 billion, exceeding analyst expectations by 2.4%.

The company's adjusted earnings of $1.96 per share surpassed forecasts of $1.41, signaling improved operational efficiency. B2B sales surged 25%, outpacing consumer growth which rose 8%. This performance reflects Expedia's successful diversification beyond leisure travel to more stable business revenue streams.

Expedia's turnaround comes as the travel industry rebounds from pandemic disruptions. The company demonstrated solid pricing power and demand across both segments, with $3.43 billion in quarterly revenue validating its strategic focus on expanding business partnerships while maintaining consumer market presence.