Travelport Delivers Accelerating, Broad-Based Growth [The Motley Fool]
TRAVELPORT WORLDWIDE LTD (TVPT)
Last travelport worldwide ltd earnings: 2/22 06:45 am
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US:NYSE Investor Relations:
ir.travelport.com
Company Research
Source: The Motley Fool
The travel-commerce platform leader recently announced strong second-quarter results. Here's what investors need to know. Travelport Worldwide ( NYSE:TVPT ) announced second-quarter 2018 results earlier this month, detailing accelerated revenue growth as new business more than offset the travel-commerce platform company's painful loss of a global distribution system (GDS) contract with Australia-based Flight Centre last year. Travelport also reiterated its previous full-year guidance . Still, shares have fallen 7% since Travelport's report hit the wires. Now that the dust has settled, let's take a closer look at what it accomplished over the past few months and what investors should expect looking forward. IMAGE SOURCE: TRAVELPORT Travelport results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Growth Revenue $662.0 million $612.1 million 8.2% GAAP net income $7.0 million $34.4 million
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