Despegar.com Announces 4Q19 Reported Gross Bookings Up 6% Year-Over-Year and 26% on an FX Neutral Basis

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Go back to Despegar.com Announces 4Q19 Reported Gross Bookings Up 6% Year-Over-Year and 26% on an FX Neutral Basis

Despegar.com, Corp. (DESP) Tops Q4 EPS by 3c, Revenues Beat

March 5, 2020 6:05 AM EST

Despegar.com, Corp. (NYSE: DESP) reported Q4 EPS of ($0.04), $0.03 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $145.6 million versus the consensus estimate of $133.64 million

Fourth Quarter 2019 Key Financial and Operating Highlights

Gross bookings on an FX neutral basis increased 26% year-over-year (YoY) and as reported 6% year-over-year (YoY) to $1.3 billionRevenues were up 34% on an FX neutral basis and 10% as reported to $145.6 millionTransactions and Room Nights up 7% and +3% YoY, respectively.Share of mobile transactions up 466 basis points (bps) YoY, accounting for 41% of total transactionsNet Promoter Score... More