Despegar.com Corp. (DESP) Tops Q3 EPS by 2c

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Despegar.com Announces 3Q21 Financial Results

November 17, 2021 6:05 AM EST

Gross Bookings increased 34% quarter-over-quarter (QoQ)
Revenue Margins of 12.7% and, 13.7% excluding Extraordinary Cancellations
Highest Adjusted EBITDA since 2Q20; nears break-even excluding Extraordinary Charges

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)-- Despegar.com, Corp. (NYSE: DESP), (Despegar or the Company) the leading online travel company in Latin America, today announced unaudited results for the three-months ended September 30, 2021 (third quarter 2021 or 3Q21). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (U.S. GAAP).

Third Quarter 2021 Key Financial and Operating Highlights
(For... More