Despegar.com Corp. (DESP) Misses Q4 EPS by 14c

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Go back to Despegar.com Corp. (DESP) Misses Q4 EPS by 14c

Despegar.com Announces 4Q21 Financial Results

March 10, 2022 6:00 AM EST

Gross Bookings up 46% quarter-over-quarter, rising to 75% of pre-pandemic 4Q19 levels

13.0% Revenue Margin

Adjusted EBITDA of $9.0 million, 9% above that reported in 4Q19

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 financial results for the three-months ended December 31, 2021 (fourth quarter 2021 or 4Q21). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (U.S. GAAP). Financial results are preliminary and subject to year-end audit... More