Despegar.com Corp (DESP) Q3 2024 Earnings Call Highlights: Record Growth Amidst Currency Challenges [Yahoo! Finance]
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: Yahoo! Finance
Despegar.com Corp ( NYSE:DESP ) reported a record high take rate of 14.6%, driven by successful commercial efforts and a focus on package sales. The company achieved a 35% year-over-year growth in gross bookings in constant currency, highlighting strong business fundamentals. Adjusted EBITDA increased by 94% year-over-year, reaching $48 million, marking a new record for the company. Despegar.com Corp ( NYSE:DESP ) signed a new 10-year lodging outsourcing agreement with Expedia, enhancing growth opportunities and improving net asset position. The launch of Sophia, an AI travel assistant, has significantly improved customer engagement and is being offered as a software as a service to business partners. Gross bookings declined slightly to $1.3 billion due to foreign exchange headwinds, particularly in Brazil and Mexico. Transactions in Mexico declined by 22% year-over-year, impacted by the divestiture of a business unit and reduced domestic air capacity. The company faces
Show less
Read more
Impact Snapshot
Event Time:
DESP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DESP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DESP alerts
High impacting Despegar.com, Corp. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
DESP
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 Canada]Yahoo! Finance Canada
- Despegar.com Announces 3Q24 Financial Results [Yahoo! Finance]Yahoo! Finance
- Despegar.com Announces 3Q24 Financial ResultsBusiness Wire
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