Despegar.com, Corp. (DESP) Tops Q1 EPS by 3c
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Despegar.com Announces 1Q18 Year-over-Year Growth of 21% in Gross Bookings and 22% in Revenues
May 10, 2018 6:00 AM EDTBUENOS AIRES, Argentina--(BUSINESS WIRE)-- Despegar.com, Corp. (NYSE: DESP), (Despegar or the Company) a leading online travel company in Latin America, today announced unaudited results for the first quarter ended March 31, 2018. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.
First Quarter 2018 Key Highlights
Transactions up 18% year-over-year Gross bookings up 21% year-over-year Revenue up 22% year-over-year Packages, Hotels and Other Travel Products accounted for 59% of total revenue in 1Q18, up 570 basis points from... More