Despegar.com

Despegar.com Corp. is an online travel company, which engages in providing online travel agency services. It offers tours and corporate packages to destinations such as Paris, Cancun, Rio de Janeiro, Rome, Barcelona, and Las Vegas, as well as vehicle rentals and hotel bookings. The company was founded by Roberto Hernán Souviron, Federico Fuchs, Ernesto Cadeiras, and Christian Vilate in December 1999 and is headquartered in Buenos Aires, Argentina.

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Despegar.com reports record EBITDA in Q4 2022 despite travel challenges

Despegar.com showcased strong performance in Q4 2022, achieving record EBITDA levels and revenue growth amidst challenging travel demand.
The company's focus on revenue mix improvement, geographic diversification, and customer-centric strategies positions it for future growth.
While facing challenges such as weak travel demand and rising operating costs, Despegar.com remains optimistic about its growth prospects.
With a positive outlook for 2023 and a strategic approach to market recovery, Despegar.com aims to capitalize on opportunities for revenue and EBITDA growth.

Despegar.com reports stellar Q1 results, eyes Latin America growth

Despegar.com's Q1 2023 performance reflects robust growth, profitability, and operational improvements.
While facing challenges such as rising cost of revenue and BNPL segment profitability, the company is well-positioned to capitalize on growth opportunities.
Strategic initiatives, revenue diversification, and focus on customer engagement are key strengths driving Despegar.com's success.

Despegar.com (DESP) posts strong Q2 results, eyes market expansion

Despegar.com (DESP) delivered a robust performance in Q2 2023, showcasing revenue growth, operational efficiency, and strategic foresight in market expansion and customer engagement.
While facing challenges in competitive landscapes and financial optimization, the company's focus on innovation, cost management, and growth initiatives positions it well for future success.
With opportunities in new markets, loyalty program expansion, and profitability improvements, Despegar is poised to continue its growth trajectory and deliver value to shareholders.

Despegar.com achieves record revenue, eyes global expansion and operational efficiencies

Despegar.com's Q3 2023 earnings call highlights strong revenue growth, operational improvements, and strategic initiatives to capture market opportunities. Despite challenges in upcoming EBITDA and market conditions, the company remains focused on sustainable growth and shareholder value.

Despegar.com (DESP) reports record Q4 performance and eyes margin expansion in 2024

Despegar.com (DESP) excelled in Q4 2023, achieving record gross bookings, revenues, and adjusted EBITDA with strong operational performance.
The company's focus on margin expansion, operational efficiencies, and strategic growth initiatives positions it well for continued success in 2024.
Challenges in cost management and sustaining growth faster than the industry average require ongoing attention and strategic planning.
Opportunities lie in aligning growth strategies with cost efficiencies, leveraging partnerships, and driving sustained margin expansion in 2024.

Despegar.com (DESP) posts robust Q1 earnings, eyes global expansion

Despegar.com (DESP) reported strong Q1 2024 results, showcasing growth in bookings, revenue, and profitability. The company's strategic focus on loyalty programs, AI technology, and operational efficiency positions them for continued success.
While facing challenges in cost management and market competition, Despegar.com has opportunities to drive growth through expansion into new geographies and innovative customer service enhancements. The company's performance in Latin America and strategic initiatives highlight a path for sustainable growth.
With a clear emphasis on profitability, customer engagement, and market expansion, Despegar.com is well-positioned to capitalize on emerging opportunities in the travel industry. By leveraging strengths in key markets and addressing challenges effectively, the company aims for continued success and market leadership.

Despegar.com reports robust Q2 growth amidst FX challenges

Despegar.com delivered a strong Q2 performance with growth in bookings, revenues, and profitability.
Despite FX challenges impacting revenue guidance, the company raised adjusted EBITDA outlook to at least $160 million.
Investments in technology, loyalty programs, and strategic partnerships highlight a focus on sustainable growth.
Strategic divestment and inclusion in Russell Stock Indexes underscore Despegar's commitment to strategic evolution.

Despegar.com (DESP) reports robust Q3 earnings, eyes growth opportunities

Despegar.com (DESP) delivered strong financial performance in Q3 2024, driven by growth in gross bookings and operational efficiency.
The company's strategic initiatives, such as new partnerships and AI-powered services, position it well for future growth.
While facing challenges in user engagement and market competition, Despegar.com remains optimistic about sustained growth and profitability.

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Despegar.com Corp. is an online travel company, which engages in providing online travel agency services. It offers tours and corporate packages to destinations such as Paris, Cancun, Rio de Janeiro, Rome, Barcelona, and Las Vegas, as well as vehicle rentals and hotel bookings. It operates through the following segments: Air; Packages, Hotels, and Other Travel Products; and Financial Services. The Air segment refers to the facilitation services for the sale of airline tickets. The Packages, Hotels, and Other Travel Products segment offers facilitation services for travel package sales. The Financial Services segment includes processing, fraud identification, credit scoring, and information technology services. The company was founded by Martin Rastellino, Roberto Hernán Souviron, Federico Fuchs, Ernesto Cadeiras, and Christian Vilate in 1999 and is headquartered in Buenos Aires, Argentina.

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Despegar.com Corporation (DESP) Q4 2023 Earnings Call Transcript

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 December 31, 2023 (“fourth quarter 2023” or “4Q23”) and full year 2023. 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-.

Despegar.com Announces 4Q23 and FY23 Financial Results

Despegar.com (DESP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Despegar.com (DESP) Moves 9.1% Higher: Will This Strength Last?

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BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading travel technology company in Latin America, today announced that it will report its Fourth Quarter 2023 results on Thursday, March 14, after the market close. Earnings Release Thursday, March 14, 2024 Time: After Market Close Conference Call Thursday, March 14, 2024 Time: 4:30 p.m. Eastern Time Quiet Period Thursday, February 29, through Thursday, March 14, 2024 To participate, please dial +1 800 715 9871 (U.

Despegar.com to Announce Fourth Quarter 2023 Financial Results on March 14, 2024

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the launch of SOFIA , the region's first Generative AI Travel Assistant, marking a significant enhancement to the Company's customer value proposition. This pioneering innovation allows users to enjoy rapid, as well as more personalized and convenient travel planning through state-of-the-art technology. Powered by generative.

Despegar revolutionizes the tourism industry introducing the region's first Generative AI Travel Assistant

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BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it is raising its full-year 2023 financial guidance as follows: Adjusted EBITDA: $105 million to $110 million, vs. $90 million to $100 million before Revenue: $690 million to $700 million, vs. $670 million to $700 million before Damian Scokin, Despegar's CEO, said: “Despegar's market leading position and best-in-class te.

Despegar.com Raises 2023 Financial Guidance

Despegar is a rapidly growing online travel company that trades at a multiple way below peers such as Expedia, Booking.com, Make My Trip and Trip.com. Despegar has an unusually large number of catalysts that should lead to significantly higher revenues and earnings. The disconnect appears to be caused by past losses and a confusing income statement and balance sheet, which will be fully explained.

Despegar.com: A Profitable Rapid Growth Tech Trading At Only 1X Revenues

Despegar.com, Corp. (NYSE:DESP ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Luca Pfeifer - IR Damián Scokin - CEO Amit Singh - CFO Conference Call Participants Naved Khan - B. Riley Securities Andrew Ruben - Morgan Stanley Jacob Seed - Cowen Joao Soares - Citi Operator Good afternoon, and welcome to Despegar's Third Quarter 2023 Earnings Call.

Despegar.com, Corp. (DESP) Q3 2023 Earnings Call Transcript

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, 2023 (“third quarter 2023” or “3Q23”). 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 adjus.

Despegar.com Announces 3Q23 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading travel technology company in Latin America, today announced that it will report its Third Quarter 2023 results on Thursday, November 9, after the market close. Earnings Release Thursday, November 9, 2023 Time: After Market Close Conference Call Thursday, November 9, 2023 Time: 4:30 p.m. Eastern Time Quiet Period Monday, October 30, through Thursday, November 9, 2023 To participate, please dial +1 888 330 2413.

Despegar.com to Announce Third Quarter 2023 Financial Results on November 9, 2023

Despegar.com has seen a strong recovery in earnings and vibrant growth in the Brazilian market. Earnings per share have rebounded into positive territory, driven by growth in the Packages, Hotels, and Other Travel Products segment. The company has kept long-term debt levels low, which is encouraging.

Despegar.com: Strong Earnings Recovery And Brazilian Growth Encouraging

Despegar.com, Corp. (NYSE:DESP ) Q2 2023 Earnings Conference Call August 17, 2023 10:00 AM ET Company Participants Luca Pfeifer - Investor Relations Damian Scokin - Chief Executive Officer Conference Call Participants Naved Khan - B. Riley Securities Andrew Ruben - Morgan Stanley Operator Good morning, and welcome to Despegar's Second Quarter 2023 Earnings Call.

Despegar.com, Corp. (DESP) Q2 2023 Earnings Call Transcript

Despegar.com (DESP) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.23 per share a year ago.

Despegar.com (DESP) Q2 Earnings and Revenues Surpass Estimates

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading online travel company, today announced unaudited financial results for the three-months ended June 30, 2023 (“second quarter 2023” or “2Q23”). 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.

Despegar.com Announces 2Q23 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading online travel company, today announced that Mr. Amit Singh has been appointed Chief Financial Officer (CFO), effective August 21, 2023. Mr. Singh brings significant financial and capital market experience to Despegar and will be responsible for overseeing Despegar's Finance, Accounting, Tax and Treasury operations and Investor Relations. He will report to Damián Scoki.

Despegar.com Appoints Chief Financial Officer

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BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that accessing Despegar.com's second quarter 2023 financial results call via telephone requires callers to press # on their telephone keypad in order to be connected to an operator, as utilizing an access code is no longer the call vendor's procedure. The pre-registration procedure to access the financial results call has not changed. Earnings Release Th.

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