Reported 1 day ago
Booking Holdings surpassed Wall Street expectations for the second quarter, thanks to robust international bookings that helped counteract weak travel spending in the U.S. The company's quarterly profit was reported at $55.40 per share, exceeding analysts' predictions, while total revenue reached $6.8 billion, up 16% year-over-year. The strong demand from wealthy Chinese tourists in Southeast Asia was a key factor in this positive performance.
Source: YAHOO