Despegar.com Corp. (DESP) Misses Q2 EPS by 9c

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Despegar.com Announces 2Q22 Financial Results

August 18, 2022 6:00 AM EDT

Gross Bookings up 129% YoY and in line with 2Q19 levels, with Adjusted EBITDA of $10.6 million

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)-- Despegar.com, Corp. (NYSE: DESP), (Despegar or the Company), Latin Americas leading online travel company, today announced unaudited financial results for the three-months ended June 30, 2022 (second quarter 2022 or 2Q22). 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 and adjustment. All comparisons in this announcement are year-over-year (YoY), unless otherwise... More