Travelport Worldwide (TVPT) Tops Q1 EPS by 2c

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Go back to Travelport Worldwide (TVPT) Tops Q1 EPS by 2c

Travelport Worldwide Limited Reports First Quarter 2015 Results

May 6, 2015 7:01 AM EDT

LANGLEY, 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