Yatra Online, Inc. (YTRA) Reports Tops Q2 Revenue Estimates

Yatra Online, Inc. (NASDAQ: YTRA) reported Q2 revenue for the quarter came in at $39.44 million versus the consensus estimate of $25.13 million.

Financial and Operating highlights for the three months ended September 30, 2017:

• Revenue increased by 33% year-over-year (YOY) to INR 2,575.3 million.
• Revenue Less Service Cost[1] increased to INR 1,689.8 million, representing an increase of 46.1% YOY.
• Revenue Less Service Cost[1] from Hotels and Packages increased to INR 320.1 million, an increase of 42.3% YOY.
• Standalone Hotel Room Nights Booked during the quarter of 0.4 million, represented an increase of 47.7% YOY.
• Revenue Less Service Cost[1] from Air Ticketing increased to INR 1,200.1 million, an increase of 40.3% YOY
• Gross Air Passengers Booked were 2.2 million representing YOY growth of 31.7%.
• Total Gross Bookings (Air Ticketing and Hotels and Packages) [3] reached INR 21.9 billion representing YOY growth of 40.2%.
• Adjusted EBITDA[2] Loss of INR 288.5 million, an improvement of 12.1% YOY

For earnings history and earnings-related data on Yatra Online, Inc. (YTRA) click here.

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