Mondee Holdings, Inc. (MOND) PT Lowered to $3.25 at Roth/MKM

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Go back to Mondee Holdings, Inc. (MOND) PT Lowered to $3.25 at Roth/MKM

Mondee Reports Second Quarter 2024 Results and Announces Comprehensive Long-Term Refinancing of its Capital Structure

August 14, 2024 7:00 AM EDT

- Net Revenues of $58.3M, up 3% from prior-year quarter, on Gross Bookings of $678M
- Adjusted EBITDA3 of $6.1M, up 38% from the prior-year quarter
- Take Rate of 8.6%, up 20 basis points from the prior-year quarter
- Refinancing of term loan and extension of preferred equity

AUSTIN, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (Mondee or the Company), a leading travel marketplace and artificial intelligence (AI) technology company, today announced financial results for the three-month period ended June 30, 2024.

Mondee delivered a strong... More