Travelport Worldwide (TVPT) Tops Q4 EPS by 6c, Revenues Beat
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Travelport Worldwide Limited Reports Fourth Quarter and Full Year 2018 Results
February 22, 2019 6:45 AM ESTLANGLEY, U.K., Feb. 22, 2019 /PRNewswire/ --Â Travelport Worldwide Limited (NYSE: TVPT) today announced its financial results for the fourth quarter and full year ended December 31, 2018.
Key Points (for full year 2018 unless stated otherwise)
Net revenue increased 4% to $2,551 million, including Travel Commerce Platform revenue growth of 5% to $2,454 million Net income decreased 46% to $75 million; Adjusted EBITDA was flat at $590 million Income per share (diluted) decreased 50% to $0.57; Adjusted Income per Share (diluted) increased 1% to $1.46 Payment Solutions (eNett) net revenue grew 63% to $315 million Net cash provided by... More