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Stock impact report

Despegar.com Announces Preliminary Select 2020 First Quarter Financial Results

Despegar.com, Corp. Ordinary Shares (DESP) 
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.despegar.com
Company Research Source: Business Wire
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), the leading online travel company in Latin America, announced today that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2019 (the “2019 20-F”) on April 10, 2020. As a result of the unprecedented impact that the COVID-19 pandemic is having on the global economy and the travel industry, in advance of its next quarterly earnings release, which will take place on or about May 4, 2020, the Company is providing an update of its performance during the first quarter of 2020, including the following:preliminary estimates of gross bookings, revenues and operating income for the first quarter of 2020;preliminary estimates of cash position and certain aggregate net operational short-term obligations as of March 31, 2020;preliminary estimates of run-rate for Structural Costs (as defined below) during the second and third quarters of 2020, taking into account Show less Read more
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