Wyndham Destinations (WYND) Misses Q2 EPS by 22c
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Wyndham Destinations Reports Second Quarter 2020 Results; Improved financial flexibility with amendments to senior secured credit facility and $650 million senior secured notes issuance
July 30, 2020 6:29 AM EDTORLANDO, Fla., July 30, 2020 /PRNewswire/ -- Wyndham Destinations, Inc. (NYSE: WYND), the world's largest vacation ownership and exchange company, today reported second quarter 2020 financial results for the three months ended June 30, 2020. Highlights include:
GAAP net loss from continuing operations of $164 million and diluted loss per share of $1.92 on net revenue of $343 million Adjusted EBITDA of $16 million and adjusted diluted loss per share of $1.11 For the six months ended June 30, net cash provided by operating activities of $130 million (adjusted free cash... More