Travelport Worldwide (TVPT) Tops Q1 EPS by 11c

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Go back to Travelport Worldwide (TVPT) Tops Q1 EPS by 11c

Travelport Worldwide Limited Reports First Quarter 2017 Results

May 9, 2017 6:45 AM EDT

LANGLEY, U.K., May 9, 2017 /PRNewswire/ -- Travelport Worldwide Limited (NYSE: TVPT) announced today its financial results for the first quarter ended March 31, 2017.

Highlights

Net revenue increased 7% to $651 million and net income increased to $56 million Income per share (diluted) of $0.45 and net cash provided by operating activities of $95 million Travel Commerce Platform revenue increased 7%, with revenue growth across all regions Air revenue increased 7% to $474 million, primarily driven by strong market growth and seasonal effects Beyond Air revenue increased 9% to $148... More