In a significant regulatory action, Booking.com faces a substantial $530 million fine imposed by Spanish authorities, according to an announcement from Booking Holdings. • Net income was $222 million, a decrease of 82% from the prior-year quarter. • Net income per diluted common share was $6.28, a decrease of 80% from the prior-year quarter. • Non-GAAP net income was $1.1 billion, an increase of 18% from the prior-year quarter. • Non-GAAP net income per diluted common share was $32.00, an increase of 29% from the prior-year quarter.

Source: Ethiopian News February 23, 2024 08:36 UTC