Travelport Worldwide (TVPT) Tops Q1 EPS by 2c
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Travelport Worldwide Limited Reports First Quarter 2015 Results
May 6, 2015 7:01 AM EDTLANGLEY, U.K., May 6, 2015 /PRNewswire/ -- Travelport Worldwide (NYSE: TVPT) announced today its financial results for the first quarter ended March 31, 2015.
Key Points
Q1 financial performance in line with management expectations, including the year-on-year impact of renegotiated legacy contracts with Orbitz Worldwide, Inc. and Delta Air Lines Q1 2015 net revenue flat at $572 million, with revenue per segment sold (RevPas) up 2% to $5.73. Q1 2015 Adjusted EBITDA of $137 million, down 9% from Q1 2014 Q1 2015 Adjusted Income per Share (diluted) of $0.24, up from $0.05 in... More