Expedia Forecasts 7%-9% Q2 Gross Bookings Growth, Holds Margin Target
EXPE reaffirms full-year EBITDA margin expansion of 100-125 bps after Q1 bookings rose 13% and revenue climbed 15%. Expedia Group projected second-quarter gross bookings growth of 7% to 9% while maintaining its full-year EBITDA margin expansion target of 100 to 125 basis p