Despegar.com, Corp. (DESP) Tops Q4 EPS by 3c, Revenues Beat
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Despegar.com Announces 4Q19 Reported Gross Bookings Up 6% Year-Over-Year and 26% on an FX Neutral Basis
March 5, 2020 6:00 AM ESTBRITISH VIRGIN ISLANDS, Latin America--(BUSINESS WIRE)-- Despegar.com, Corp. (NYSE: DESP), (Despegar or the Company) a leading online travel company in Latin America, today announced unaudited results for the three-months and fiscal year ended December 31, 2019. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.
Fourth Quarter 2019 Key Financial and Operating Highlights
(For definitions, see page 12)
Gross bookings on an FX neutral basis increased 26% year-over-year (YoY) and as reported 6% year-over-year (YoY) to $1.3 billion
Revenues were up 34% on an FX neutral... More
