Expedia group reports quarterly loss per share of $9.24

Qtrly loss per share $9.24.qtrly adjusted loss per share $1.83.qtrly revenue $2,209 million versus $2,609 million.expedia group - as part of unprecedented customer service demand due to covid-19, expedia group handled 22 million customer contacts over 10 week period.expedia group - percentage of cancellation inquiries for air travel managed without an agent increased from about 65% in february to over 95% in april.qtrly gross bookings decreased 39% yoy.qtrly room night growth was a decline of 14%.expedia group - as result of covid-19, recorded goodwill impairment charge of $765 million in q1 2020 largely related to the vrbo and trivago businesses.expedia group - in connection with restructuring actions announced in late february, recognized $75 million in charges in q1.expedia group - due to impact of covid-19, took intangible asset impairment charge of $121 million in q1 related to indefinite-lived trade names impacted.expedia group - cash, cash equivalents and short-term investments totaled $4.1 billion at march 31, 2020.expedia group - suspended future quarterly dividends, at least until current economic and operating environment improves.q1 earnings per share view $-1.23, revenue view $2.20 billion -- refinitiv ibes data.qtrly revenue for expedia group (excluding trivago) $2,106 million versus $2,457 million.
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