Travelport Worldwide (TVPT) Tops Q4 EPS by 3c

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Go back to Travelport Worldwide (TVPT) Tops Q4 EPS by 3c

Travelport Worldwide Limited Reports Fourth Quarter and Full Year 2016 Results

February 21, 2017 6:45 AM EST

LANGLEY, U.K., Feb. 21, 2017 /PRNewswire/ -- Travelport Worldwide Limited (NYSE: TVPT) announces its financial results for the fourth quarter and full year ended December 31, 2016.

Key Points (for full year 2016 unless stated otherwise)

Net revenue increased 6% to $2,351 million. Net income of $15 million, income per share (diluted) of $0.13 and net cash provided by operating activities of $299 million Air revenue increased 3% to $1,651 million; Beyond Air revenue growth of 18% to $579 million, contributing 26% of Travel Commerce Platform revenue (2015: 23%) eNett net revenue increased 64% to $150 million Adjusted EBITDA... More