The company said total revenues for Q4 2023 were $4.8 billion, up 18% from the prior-year quarter, and net income was $222 million, down 82%. In the same quarter, gross travel bookings were $31.7 billion and room nights booked rose 9%.

1. 01

   The company said total revenues for Q4 2023 were $4.8 billion, up 18% from the prior-year quarter, and net income was $222 million, down 82%. In the same quarter, gross travel bookings were $31.7 billion and room nights booked rose 9%.

2. 02

   The company said it accrued losses of $276 million related to the Netherlands pension fund matter and $530 million related to a draft decision by the Spanish competition authority in Q4 2023 and the full year, and that both were excluded from Non-GAAP net income and Adjusted EBITDA.

3. 03

   The company said total revenues for the full year 2023 were $21.4 billion, up 25% from the prior year, and net income was $4.3 billion, up 40%. Full-year gross travel bookings were $150.6 billion, and room nights booked rose 17%.

4. 04

   The company said its Board of Directors declared a quarterly cash dividend of $8.75 per share, payable to stockholders of record as of the close of business on March 8, 2024 and paid on March 28, 2024. It also said it expects to pay a cash dividend on a quarterly basis going forward.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.