Despegar.com Corp. (DESP) Tops Q1 EPS by 7c, Revenues Miss

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Despegar.com Announces 1Q20 Financial Results

May 4, 2020 6:00 AM EDT

Top Line Performance Reflects Travel Disruption from COVID-19 Pandemic

Company Maintains Solid Balance Sheet

Implementing Cost Control and Cash Preservation Measures Across the Company

BRITISH VIRGIN ISLANDS--(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 ended March 31, 2020. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.

First Quarter 2020 Key Financial and Operating... More