(Booking Holdings) Booking Holdings Inc. recorded a revenue of $2.2 billion, a 243% rise from the comparable quarter of 2020.
Bookings had a net loss of $167 million in the quarter, from a net income of $122 million in the comparable quarter of 2020.
Net loss per diluted common share was $4.08 in the second quarter, down from a net income of $2.97 per share in the second quarter of 2020.
Bookings’ net loss was fueled by a $242 million early extinguishment of debt in the second quarter.
Booked travel services, net of cancellations, rose by 852% from the previous quarter to hit $22 billion.
Room nights booked rose by 458% in the second quarter from the previous quarter.
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