Travelport Worldwide (TVPT) Misses Q2 EPS by 1c, Offers FY Guidance
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Travelport Worldwide Limited Reports Second Quarter 2016 Results
August 4, 2016 6:57 AM EDTLANGLEY, U.K., Aug. 4, 2016 /PRNewswire/ --Â Travelport Worldwide Limited (NYSE: TVPT) announces its financial results for the second quarter ended June 30, 2016.
Key Points
Net revenue increased 9% to $606 million Operating income of $38 million and net loss of $14 million Air revenue increased 6% to $426 million with Beyond Air revenue growth of 22% to $148 million; the latter now contributing 26% of Travel Commerce Platform revenue (Q2 2015: 23%) eNett net revenue increased 85% to $38 million, with a strong contribution from global OTA customers Adjusted... More