Despegar.com Announces 1Q18 Year-over-Year Growth of 21% in Gross Bookings and 22% in Revenues
Despegar.com, Corp. Ordinary Shares (DESP)
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am
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Source: Business Wire
BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Despegar.com, Corp. (NYSE:DESP), (“Despegar” or the “Company”) a leading online travel company in Latin America, today announced unaudited results for the first quarter ended March 31, 2018. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles. First Quarter 2018 Key Highlights Transactions up 18% year-over-year Gross bookings up 21% year-over-year Revenue up 22% year-over-year Packages, Hotels and Other Travel Products accounted for 59% of total revenue in 1Q18, up 570 basis points from first quarter 2017 Number of mobile transactions up 37% year-over-year, accounting for 31% of total transactions in 1Q18 Over 41 million cumulative mobile APP downloads as of March 31, 2018, up 35% year-ove
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News
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- Has Despegar.com (DESP) Outpaced Other Transportation Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- The Ministry of Tourism of the Dominican Republic Held Tourism Tradeshow in Miami for Partners Across the Americas [Yahoo! Finance]Yahoo! Finance
- Despegar Celebrates 25 Years Transforming Latin America’s Travel Industry Through InnovationBusiness Wire
- Despegar.com, Corp. (NYSE: DESP) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $14.00 price target on the stock.MarketBeat
DESP
Earnings
- 3/14/24 - Miss
DESP
Sec Filings
- 4/3/24 - Form SC
- 3/14/24 - Form 6-K
- 2/14/24 - Form SC
- DESP's page on the SEC website