Despegar.com Announces 4Q19 Reported Gross Bookings Up 6% Year-Over-Year and 26% on an FX Neutral Basis
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
BRITISH VIRGIN ISLANDS, Latin America--(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-months and fiscal year ended December 31, 2019. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.Fourth Quarter 2019 Key Financial and Operating Highlights(For definitions, see page 12)? Gross bookings on an FX neutral basis increased 26% year-over-year (YoY) and as reported 6% year-over-year (YoY) to $1.3 billion? Revenues were up 34% on an FX neutral basis and 10% as reported to $145.6 million? Transactions and Room Nights up 7% and +3% YoY, respectively.? Share of mobile transactions up 466 basis points (bps) YoY, accounting for 41% of total transactions? Net Promoter Score (NPS) down 50 bps YoY? Packages, Hotels and Other Travel Products accounted for 63% of total revenue, up 130 bp
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News
- Despegar.com, Corp. (NYSE: DESP) had its "neutral" rating re-affirmed by analysts at Citigroup Inc.. They now have a $14.50 price target on the stock, up previously from $11.50.MarketBeat
- Analysts Are Optimistic We'll See A Profit From Despegar.com, Corp. (NYSE:DESP) [Yahoo! Finance]Yahoo! Finance
- Artisan International Explorer Fund Q1 2024 Commentary [Seeking Alpha]Seeking Alpha
- Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023Business Wire
- Despegar.com (DESP) Is Up 3.38% in One Week: What You Should Know [Yahoo! Finance]Yahoo! Finance
DESP
Earnings
- 3/14/24 - Miss
DESP
Sec Filings
- 4/29/24 - Form 6-K
- 4/26/24 - Form 20-F
- 4/3/24 - Form SC
- DESP's page on the SEC website