Despegar.com Announces 3Q17 YoY Growth of 32% in Gross Bookings and 24% 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
Successfully Completes Initial Public Offering 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 three- and nine-month periods ended September 30, 2017. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles. Third Quarter 2017 Key Highlights Transactions up 25% YoY Gross bookings and revenues up 32% and 24% YoY, respectively Number of mobile transactions up 55% YoY to 29% of total transactions Over 35 million mobile APP downloads as of September 30, 2017, up 42% YoY Packages, Hotels and Other Travel Products accounted for 55% of total revenue, up from 49% in third quarter 2016
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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