Travelport Rides Continued eNett Strength in a Challenging Market [The Motley Fool]
TRAVELPORT WORLDWIDE LTD (TVPT)
Last travelport worldwide ltd earnings: 2/22 06:45 am
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ir.travelport.com
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Source: The Motley Fool
The travel commerce platform company delivered a solid quarter despite expected headwinds. Travelport Worldwide ( NYSE:TVPT ) announced mixed third-quarter 2018 results late last week. The travel commerce platform leader cited customer headwinds for decelerated top-line growth, offset by the sustained outperformance of the eNett virtual payments business within its Beyond Air segment Though shares initially declined around 5% on the news, Travelport stock has all but recouped those gains in the days since. So, let's dig deeper to see what Travelport had to say about its start to the second half. IMAGE SOURCE: GETTY IMAGES. Travelport results: The raw numbers Metric Q3 2018 Q3 2017 Growth (YOY) Revenue $622.6 million $610.8 million 1.9% GAAP net income $5.9 million $4.7 million 25.5% GAAP earnings per diluted share $0.04 $0.04 (%) Data source: Travelport Worldwide
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