Expedia Group, Inc. (EXPE) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.179 Good day, everyone, and welcome to the Expedia Group Q1 2025 Financial Results 00:00:05.179 -- 00:00:06.782 Teleconference. 00:00:06.782 -- 00:00:10.107 My name is Alex. I'll be the operator for today's call. 00:00:10.107 -- 00:00:13.733 If you wish to ask a question at the end of the presentation, please press star followed 00:00:13.733 -- 00:00:18.060 by one on your telephone keypad. If you change your mind, please press star followed 00:00:18.060 -- 00:00:23.108 by two. For opening remarks, I'll turn the call over to SVP Corporate Development 00:00:23.108 -- 00:00:26.413 Strategy and Investor Relations. I'll shift back to begin. 00:00:26.413 -- 00:00:28.814 Please go ahead. 00:00:29.579 -- 00:00:34.545 Good afternoon, and welcome to Expedia Group's first quarter 2025 earnings call. 00:00:34.545 -- 00:00:39.171 I'm pleased to be joined on today's call by our CEO, Aryan Goren, and our CFO, Scott 00:00:39.171 -- 00:00:40.653 Schenkel. 00:00:40.653 -- 00:00:45.940 As a reminder, our commentary today will include references to certain non-GAAP measures. 00:00:45.940 -- 00:00:50.325 Reconciliations of these non-GAAP measures to the most comparable GAAP measures are included 00:00:50.325 -- 00:00:52.946 in our earnings release. 00:00:52.948 -- 00:00:58.001 Unless otherwise stated, all growth rates are on a year-over-year basis, and any reference 00:00:58.001 -- 00:01:01.642 to expenses exclude stock-based compensation. 00:01:01.644 -- 00:01:05.667 We will also be making forward-looking statements during the call, which are predictions, 00:01:05.667 -- 00:01:09.410 projections, or other statements about future events. 00:01:09.410 -- 00:01:13.013 These statements are based on current expectations and assumptions, which are subject 00:01...