Despegar.com Announces 4Q19 Reported Gross Bookings Up 6% Year-Over-Year and 26% on an FX Neutral Basis
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Despegar.com, Corp. (DESP) Tops Q4 EPS by 3c, Revenues Beat
March 5, 2020 6:05 AM ESTDespegar.com, Corp. (NYSE: DESP) reported Q4 EPS of ($0.04), $0.03 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $145.6 million versus the consensus estimate of $133.64 million
Fourth Quarter 2019 Key Financial and Operating Highlights
Gross bookings on an FX neutral basis increased 26% year-over-year (YoY) and as reported 6% year-over-year (YoY) to $1.3 billionRevenues were up 34% on an FX neutral basis and 10% as reported to $145.6 millionTransactions and Room Nights up 7% and +3% YoY, respectively.Share of mobile transactions up 466 basis points (bps) YoY, accounting for 41% of total transactionsNet Promoter Score... More