What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to publicly announce and provide Booking Holdings Inc.'s financial results for the fourth quarter and the full year ended December 31, 2017. It includes the official press release and detailed financial statements for these periods.

What is the significance of the company's name change mentioned in the filing?

The filing notes that Booking Holdings Inc. was formerly known as The Priceline Group Inc. This name change signifies a potential strategic shift, rebranding, or evolution in the company's corporate identity and market positioning. Investors may want to research the reasons behind this change and its implications for the company's future strategy.

What is the difference between information being 'filed' versus 'furnished' in this report?

Information that is 'filed' with the SEC, such as the consolidated financial statements in this report, is subject to certain legal liabilities and regulatory scrutiny. Information that is 'furnished' is generally considered less formal and does not carry the same level of legal liability. Investors should pay closer attention to the 'filed' information for more definitive financial data.

Where can I find the detailed financial statements for Q4 and FY 2017?

The detailed financial statements, including the consolidated balance sheet, statements of operations, and statement of cash flows for the periods ended December 31, 2017, are included as part of the press release (Exhibit 99.1) attached to this 8-K filing.

BKNG 8-K: Earnings & Results

Summary

This 8-K filing from Booking Holdings Inc. (formerly The Priceline Group Inc.) on February 27, 2018, announces their financial results for the fourth quarter and full year ended December 31, 2017. The filing includes a press release with detailed financial statements, such as the consolidated balance sheet, statements of operations, and cash flows for the relevant periods. Investors should note that while the financial statements themselves are considered 'filed' and subject to SEC regulations, other information within the press release is considered 'furnished.' The primary focus of this report is the dissemination of historical financial performance. Investors can use this information to assess the company's profitability, financial health, and operational efficiency leading up to the end of 2017. The company's renaming from The Priceline Group Inc. to Booking Holdings Inc. is also highlighted, indicating a strategic evolution or rebranding effort that investors may want to consider in the context of their long-term outlook for the company.

Key Highlights

1Announcement of Q4 and Full Year 2017 financial results for Booking Holdings Inc. (formerly The Priceline Group Inc.).
2Filing includes the press release (Exhibit 99.1) containing financial and statistical supplement.
3Consolidated Balance Sheet as of December 31, 2017, is provided.
4Consolidated Statements of Operations for the three and twelve months ended December 31, 2017, are included.
5Consolidated Statement of Cash Flows for the twelve months ended December 31, 2017, is presented.
6Key financial statements are treated as 'filed' with the SEC, while other press release information is 'furnished'.

Booking Holdings Inc. 8-K Report, Financial Results (Feb 27, 2018)

Summary

Key Highlights

Frequently Asked Questions