Expedia swings to quarterly loss as COVID-19 batters demand

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Expedia swings to quarterly loss as COVID-19 batters demand

Nov 4 (Reuters) - On-line journey company Expedia Inc EXPE.Oposted a 3rd straight quarterly loss on


Nov 4 (Reuters)On-line journey company Expedia Inc EXPE.Oposted a 3rd straight quarterly loss on Wednesday, harm by a droop in bookings because of the COVID-19 pandemic.

Web loss attributable to the corporate stood at $221 million, or $1.56 per share, within the third quarter ended Sept. 30, in contrast with a revenue of $409 million, or $2.71 per share, a yr earlier.

(Reporting by Shreyasee Raj in Bengaluru; Modifying by Vinay Dwivedi)

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