Booking Holdings (NASDAQ:BKNG) posted second-quarter results that topped expectations, driven by solid demand for room nights and broader travel services, but issued a cautious outlook for the third quarter.

The company reported earnings per share of $55.40, beating the $50.14 consensus estimate. Revenue increased 17% year-over-year to $6.8 billion, surpassing the $6.54 billion forecast.

CEO Glenn Fogel said room nights rose 8%, while gross bookings and revenue saw double-digit growth, reflecting broad strength across travel categories.

Despite resilient demand, Booking warned of more difficult year-over-year comparisons in August and September, and highlighted potential macroeconomic and geopolitical risks.

For the third quarter, the company expects adjusted EBITDA between $3.9 billion and $4.0 billion and room night growth in the range of 3.5% to 5.5%.