Despegar.com Announces 3Q24 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
Record profitability with 3Q24 Adjusted EBITDA up 94% YoY and Revenues Increasing 9% YoY; Raising FY24 Adjusted EBITDA Guidance BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced unaudited financial results for the three-months ended September 30, 2024 (“third quarter 2024” or “3Q24”). 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 adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.3Q24 Financial and Operating Highlights(for definitions, see page 14)Gross Bookings on a Foreign Exchange (“FX”) neutral basis rose 35% YoY to $1.3 billion, driven by strong underlying demand trends. However, as expected, we faced FX headwinds across the region leading to
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News
- Is Despegar.com (DESP) Stock Outpacing Its Transportation Peers This Year? [Yahoo! Finance]Yahoo! Finance
- L Catterton Latin America Makes Strategic Investment in WeVetsPR Newswire
- Despegar.com Corp (DESP) Q3 2024 Earnings Call Highlights: Record Growth Amidst Currency Challenges [Yahoo! Finance]Yahoo! Finance
- Despegar.com Corp (DESP) Q3 2024 Earnings Call Highlights: Record Growth Amidst Currency Challenges [Yahoo! Finance Canada]Yahoo! Finance Canada
- Despegar.com Announces 3Q24 Financial Results [Yahoo! Finance]Yahoo! Finance
DESP
Earnings
- 11/14/24 - Miss
DESP
Sec Filings
- 11/22/24 - Form 6-K
- 11/22/24 - Form 6-K
- 11/14/24 - Form 6-K
- DESP's page on the SEC website