Despegar.com Announces 2Q20 Financial Results
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Despegar.com Corp. (DESP) Misses Q2 EPS by 37c
August 21, 2020 7:02 AM EDTDespegar.com Corp. (NYSE: DESP) reported Q2 EPS of ($0.83), $0.37 worse than the analyst estimate of ($0.46). Revenue for the quarter came in at $4.2 million versus the consensus estimate of $9.13 million.
Message from CEO
Commenting on the Companys performance, Damian Scokin, CEO stated, This past quarter, we were impacted not only by the natural fall off in travel demand but also by the travel restrictions imposed by the different governments in the region which, in some countries, were rather severe.... More
