Booking Holdings Slumps on Q1 Results
To no one's surprise, online travel agency Booking Holdings (NASDAQ: BKNG) reported serious downturns in its financials for its Q1 of fiscal 2020.
In its earnings release, Booking Holdings revealed that its total revenue came in at just under $2.29 billion, representing a 19% year-over-year decline. Non-GAAP (adjusted) net income fell at a much steeper rate, landing at $156 million ($3.77 per diluted share), versus the Q1 2019 result of $508 million.
Source Fool.com