Despegar.com, Corp. (DESP) Misses Q3 EPS by 12c, Revenues Miss
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Despegar.com Announces 3Q18 Year-Over-Year Growth of 13% in Transactions
November 8, 2018 6:00 AM ESTBUENOS 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 three- and nine-month periods ended September 30, 2018. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.
Third Quarter 2018 Key Highlights
Transactions up 13% year-over-year Gross bookings down 2% year-over-year (+27% on an FX neutral basis) Revenue declined 9% year-over-year Packages, Hotels and Other Travel Products... More