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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Travel in Latin America has been crushed, but the recent trend is looking up.

Why Despegar Jumped 11% in August

Despegar.com, Corp. (DESP) CEO Damian Scokin on Q2 2020 Results - Earnings Call Transcript

Despegar.com (DESP) delivered earnings and revenue surprises of 35.42% and -386.29%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Despegar.com (DESP) Reports Q2 Loss, Lags Revenue Estimates

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com (the “Company”), the leading online travel agency in Latin America, today announced that on August 20, 2020 it entered into a private placement with Waha Capital through which it will issue and sell series B preferred shares convertible into ordinary shares for an aggregate purchase price of $50 million. The Company intends to use the proceeds from this transaction for general corporate purposes, including potential acquisitions.

Despegar.com Announces $50 Million Investment by Waha Capital

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com (the “Company”), the leading online travel agency in Latin America today announced that on August 20, 2020, it entered into a private placement with an affiliate of L Catterton Latin America in which Despegar will issue and sell non-convertible preferred stock plus warrants to purchase ordinary shares for an aggregate purchase price of $150 million. The Company expects the investment to close in September 2020, subject to customary closing c

Despegar.com Announces $150 Million Investment by L Catterton

BRITISH VIRGIN ISLANDS--(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 ended June 30, 2020 (2Q20).

Despegar.com Announces 2Q20 Financial Results

On Friday, August 21, Despegar.com (NYSE: DESP) will release its latest earnings report.

A Preview Of Despegar.com's Earnings

Despegar.com (DESP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Despegar.com (DESP) Q2 Earnings Expected to Decline

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 2020 results on Friday, August 21, 2020 before the market opens.

Despegar.com Announces Second Quarter 2020 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced that it has signed a $40 million committed revolving credit facility (the “Facility”) with Citibank. The Facility has a 1-year term, renewable for an additional six months if certain financial covenants are met. This financing provides Despegar with additional financial flexibility with funds expected to be used for general

Despegar.com Obtains $40 Million Committed Credit Facility

Despegar.com, Corp (DESP) CEO Damián Scokin on Q1 2020 Results - Earnings Call Transcript

Despegar.com (DESP) delivered earnings and revenue surprises of 24.14% and -2.83%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Despegar.com (DESP) Reports Q1 Loss, Lags Revenue Estimates

  Shares of Despegar.com (NYSE:DESP) were unchanged in pre-market trading after the company reported Q1 results.

Despegar.com: Q1 Earnings Insights

Earnings Preview: Despegar.com (DESP) Q1 Earnings Expected to Decline

Despegar Is A Unicorn Hiding In Plain Sight

Despegar.com (DESP) CEO Damián Scokin on Q4 2019 Results - Earnings Call Transcript

Despegar.com (DESP) delivered earnings and revenue surprises of 114.29% and 11.68%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Despegar.com (DESP) Q4 Earnings and Revenues Surpass Estimates

Despegar.com, Corp. (DESP) CEO Damián Scokin on Q3 2019 Results - Earnings Call Transcript

Lyft

Slack

Latin America's top online travel portal, the country's second-largest ridesharing service, and once-hot IPO falling short in its first quarterly report as a public company hit fresh lows last week.

Three Surprising Stocks Hitting New Lows Last Week.

MercadoLibre

Argentina's presidential election could spell trouble for the country's businesses.

Why Despegar.com and MercadoLibre Stock Fell Monday

Despegar.com, Corp. (DESP) CEO Damián Scokin on Q2 2019 Results - Earnings Call Transcript

Despegar.com (DESP) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

Despegar.com (DESP) in Focus: Stock Moves 8.6% Higher

Despegar.com, Corp. (DESP) CEO Damian Scokin on Q1 2019 Results - Earnings Call Transcript

Despegar.com (DESP) delivered earnings and revenue surprises of -25.00% and 3.63%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Despegar.com (DESP) Lags Q1 Earnings Estimates

DESP earnings call for the period ending December 31, 2018.

News for Despegar.com Stock (DESP)