Despegar.com Announces 3Q19 Reported Gross Bookings Up 8% year-over-year and 26% on an FX Neutral Basis

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Go back to Despegar.com Announces 3Q19 Reported Gross Bookings Up 8% year-over-year and 26% on an FX Neutral Basis

Despegar.com, Corp. (DESP) Tops Q3 EPS by 3c, Revenues Beat

November 7, 2019 5:57 AM EST

Despegar.com, Corp. (NYSE: DESP) reported Q3 EPS of ($0.05), $0.03 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $132 million versus the consensus estimate of $123.21 million.

Commenting on the Companys results, Damian Scokin, CEO stated, With Gross Bookings increasing 26% on an FX neutral basis coupled with a 26% increase in package transactions we are encouraged by the performance we were able to deliver during... More