Expedia Group
Q4 2022 Earnings Call
Feb 09, 2023, 4:30 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, everyone, and welcome to the Expedia Group Q4 2022 financial results teleconference. My name is Emily, and I'll be the operator for today's call. [Operator instructions] For opening remarks, I will turn the call over to senior vice president, corporate development, strategy, and investor relations, Harshit Vaish. Please go ahead.
Harshit Vaish -- Senior Vice President, Corporate Development, Strategy, and Investor Relations
Good afternoon, and welcome to Expedia Group's earnings call for the fourth quarter of 2022 that ended December 31. I'm pleased to be joined on the call today by our CEO, Peter Kern; and our CFO, Julie Whalen. The following discussion, including responses to your questions, reflects management's view as of today, February 9, 2023, only. We do not undertake any obligation to update or revise this information.
As always, some of the statements made on today's call are forward-looking, typically preceded by words such as we plan, we expect, we believe, we anticipate, we are optimistic, or confident that or similar statements. Please refer to today's earnings release and the company's filings with the SEC for information about factors which could cause our actual results to differ materially from these forward-looking statements. You will find reconciliation of non-GAAP measures to the most comparable GAAP measures discussed today in our earnings release, which is posted on the company's Investor Relations website at ir.expediagroup.com. And I encourage you to consistently visit our IR website for other important information.
Unless otherwise stated, any reference to expenses excludes stock-based compensation. And with that, let me turn the call over to Peter.
Peter Kern -- Chief Executive Officer
Thank you, Harshit, and good afternoon, and thank you all for joining us today. This past year was an important one in our company's journey. We did a ton of work and made great progress on many transformational initiatives, all while delivering record EBITDA. Q4 was yet another step in that journey despite the impact to our P&L from the severe weather.
Hurricane Ian in early October and the winter storms in late December drove up cancellations causing bookings and revenue for the quarter to come in behind our expectations despite demand otherwise accelerating through the quarter. The good news is that we have seen those booking trends come back much stronger in January post the disruptions. So, '23 is off to a great start. And we were really pleased that our investment over the last several years in service technology and capabilities allowed us to deliver best-in-class service through these difficult travel circumstances.