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Despegar.com Is Avoiding Trivago's Rookie Mistake [The Motley Fool]

DESPEGAR.COM CORP (DESP)  More Company Research Source: The Motley Fool
Last despegar.com corp earnings: 8/16 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.despegar.com
PDF The Latin American travel portal posts mixed results in its first quarter as a public company, but at least revenue is moving in the right direction. Rick Munarriz ( TMFBreakerRick ) Nov 17, 2017 at 12:07PM The skies looked choppy as Despegar.com ( NYSE:DESP )  was getting ready to take off with its first quarterly report as a public company. The leading Latin American online travel site still managed to lift off, posting better-than-expected financial results on Thursday afternoon.  Revenue clocked in at $131.5 million for Despegar's third quarter, 24% ahead of last year as a 42% surge in revenue related to bookings for hotels, packages, and other travel products helped offset a modest 7% uptick in air ticketing sales. Analysts were holding out for $128.9 million. Net income moved lower -- sliding 22% to $11.2 million, or $0.19 a share -- but Wall [Read more]

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