Despegar.com, Corp. (DESP) Misses Q4 EPS by 2c, Revenues Beat

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Despegar.com Announces 4Q18 Year-over-Year Growth of 11% in Transactions and Gross Bookings up 28% on an FX Neutral Basis Driving Further Market Share Gains

March 7, 2019 6:00 AM EST

BUENOS 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 months- and fiscal year ended December 31, 2018. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.

Fourth Quarter 2018 Key Financial and Operating Highlights

Transactions up 11% year-over-year Room Nights up 8% YoY Estimated Air Market share grew 130 basis points YoY... More