Despegar.com Corp. (DESP) Misses Q1 EPS by 5c; Offers FY23 Revenue Guidance
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Despegar.com Announces 1Q23 Financial Results
May 18, 2023 6:00 AM EDTGross Bookings up 44% YoY, with Total Adjusted EBITDA Increasing 154% YoY to $17.3 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 March 31, 2023 (first quarter 2023 or 1Q23). 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 adjustments. All comparisons in this announcement are year-over-year (YoY), unless otherwise noted.
1Q23 Financial... More
