Mondee Holdings, Inc. (MOND) Misses Q3 EPS by 7c

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Mondee Announces Third Quarter 2022 Financial Results

November 10, 2022 6:00 AM EST

- Gross Revenue of $600M Increased 172% Year-Over-Year
- Net Revenue of $39.5M Increased 73% Year-Over-Year
- Adjusted EBITDA of $3.7M Increased by $3.8M from $(0.1)M in the Same Quarter Last Year
- Raises 2022 Annual Guidance of Net Revenue to $155-160M
- Completed $85 Million of Preferred Equity to Support Expansion Strategy
- Retired all 12M Public Warrants via Tender Process

AUSTIN, Texas, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (Mondee or the Company), the high-growth, travel technology company and marketplace, with a... More