Booking Holdings reported strong Q2 2024 results with total revenues reaching $5.9 billion, up 7% YoY (9% on constant-currency). Room nights booked increased 7%, while gross travel bookings rose 4% to $41.4 billion. Net income grew 18% to $1.5 billion, with EPS up 27% to $44.38.The company demonstrated solid operational performance with adjusted EBITDA increasing 7% to $1.9 billion. Key metrics showed continued growth with merchant revenues up 24% while agency revenues declined 12%. The Board declared a quarterly dividend of $8.75 per share, payable on September 30, 2024.Management remains focused on executing strategic initiatives while driving cost efficiency. The company maintains a strong financial position with $16.3 billion in cash and cash equivalents as of June 30, 2024, compared to $12.1 billion at the end of 2023.

Booking Holdings reported strong Q2 2024 results with total revenues reaching $5.9 billion, up 7% YoY (9% on constant-currency). Room nights booked increased 7%, while gross travel bookings rose 4% to $41.4 billion. Net income grew 18% to $1.5 billion, with EPS up 27% to $44.38.The company demonstrated solid operational performance with adjusted EBITDA increasing 7% to $1.9 billion. Key metrics showed continued growth with merchant revenues up 24% while agency revenues declined 12%. The Board declared a quarterly dividend of $8.75 per share, payable on September 30, 2024.Management remains focused on executing strategic initiatives while driving cost efficiency. The company maintains a strong financial position with $16.3 billion in cash and cash equivalents as of June 30, 2024, compared to $12.1 billion at the end of 2023.