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.

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.

Correcting Dial-in Access Procedure for Despegar.com Second Quarter 2023 Financial Results Conference Call

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2023 results on Thursday, August 17, before the market open. Earnings Release Thursday, August 17, 2023 Time: Before Market Open Conference Call Thursday, August 17, 2023 Time: 10:00 a.m. Eastern Time Quiet Period Monday, July 31, through Thursday, August 17, 2023 Executives Mr. Damián Scokin, Chief Executive Office.

Despegar.com Announces Second Quarter 2023 Financial Results Call and Webcast

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Despegar.com, an online travel agency in Latin America, has faced underperformance due to macroeconomic conditions, the impact of COVID-19, and an initially high valuation. Despite not being profitable yet, Despegar's Q1 2023 financial results show record revenue and growth, with potential for further expansion and new business segments like fintech. The company is currently undervalued compared to its peers, and it represents an attractive long-term investment opportunity.

Despegar.com: Attractive Valuation With Growth Potential

Latin American online travel agent Despegar is on the threshold of returning to profitability. The company is reporting tremendous year-over-year growth. I believe shares could enjoy a major rerating over the next 12 months as the company completes its post-pandemic turnaround.

Why Despegar Could Lift Off Once Again

The online travel agency saw 40%-plus increases in both total bookings and revenue in its first quarter. It also proffered encouraging guidance.

Why Despegar Was a High-Flying Stock This Week

Despegar.com, Corp. (NYSE:DESP ) Q1 2023 Earnings Conference Call May 18, 2023 10:00 AM ET Company Participants Luca Pfeifer - Investor Relations Damian Scokin - Chief Executive Officer Conference Call Participants Joao Soares - Citigroup Operator Good morning, and welcome to Despegar's First Quarter 2023 Earnings Call. A slide presentation is accompanying today's webcast and is available in the Investors section of the company's website, www.investor.despegar.com.

Despegar.com, Corp. (DESP) Q1 2023 Earnings Call Transcript

Despegar.com (DESP) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.45 per share a year ago.

Despegar.com (DESP) Reports Q1 Loss, Tops Revenue 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 March 31, 2023 (“first quarter 2023” or “1Q23”). 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 1Q23 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 27, 2023 and is available on Despegar's website at www.despegar.com and on the SEC's website at www.sec.gov. Investors can receive a printed copy of this report, including the Company.

Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2022

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2023 results on Thursday, May 18, before the market open. Earnings Release Thursday, May 18, 2023 Time: Before Market Open Conference Call Thursday, May 18, 2023 Time: 10:00 a.m. Eastern Time Quiet Period Thursday, April 27, through Thursday, May 18, 2023 Executives Mr. Damián Scokin, Chief Executive Officer Mr. Luca.

Despegar.com Announces First Quarter 2023 Financial Results Call and Webcast

Despegar.com (DESP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Despegar.com (DESP) Gain on Rising Earnings Estimates?

The mean of analysts' price targets for Despegar.com (DESP) points to a 25.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 25.45% Upside in Despegar.com (DESP): Can the Stock Really Move This High?

Despegar.com (DESP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Bears are Losing Control Over Despegar.com (DESP), Here's Why It's a 'Buy' Now

Despegar.com (DESP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Despegar.com (DESP) Moves to Buy: Rationale Behind the Upgrade

Despegar.com, Corp. (NYSE:DESP ) Q4 2022 Earnings Call Transcript March 16, 2023 10:00 AM ET Company Participants Luca Pfeifer - Investor Relations Damián Scokin - Chief Executive Officer Alberto López-Gaffney - Chief Financial Officer Conference Call Participants Kevin Kopelman - Cowen Operator Good morning, and welcome to Despegar's Fourth Quarter 2022 Earnings Call. The slide presentation is accompanying today's webcast and is available in the Investors section of the company's website, www.

Despegar.com, Corp. (DESP) Q4 2022 Earnings Call Transcript

Despegar.com (DESP) delivered earnings and revenue surprises of -900% and 0.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Despegar.com (DESP) Reports Q4 Loss, Lags Revenue 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 December 31, 2022 (“fourth quarter 2022” or “4Q22”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”).

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