Despegar.com Announces 3Q22 Financial Results
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
Gross Bookings up 68% YoY, with Total Adjusted EBITDA1 of $12.0 million pointing to sustained demand recovery across Latin America BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America’s leading online travel company, today announced unaudited financial results for the three-months ended September 30, 2022 (“third quarter 2022” or “3Q22”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustment. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.3Q22 Financial and Operating Highlights(For definitions, see page 10)Gross Bookings of $1.1 billion, up 68% YoY and 94% of 3Q19 levelsTransactions increased 21% YoY to 81% of 3Q19 volumeRevenues increased 75% YoY to $145.6 million, 10% greater than 3Q19Total Adjusted EBITDA
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News
- 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
- 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
DESP
Earnings
- 3/14/24 - Miss
DESP
Sec Filings
- 4/26/24 - Form 20-F
- 4/3/24 - Form SC
- 3/14/24 - Form 6-K
- DESP's page on the SEC website