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Despegar.com Corp (DESP.N)

DESP.N on New York Stock Exchange

13.33USD
14 Jun 2019
Change (% chg)

$-0.10 (-0.74%)
Prev Close
$13.43
Open
$13.37
Day's High
$13.53
Day's Low
$13.33
Volume
65,910
Avg. Vol
107,863
52-wk High
$23.61
52-wk Low
$11.12

Latest Key Developments (Source: Significant Developments)

Despegar.com Enters Into Long-Term Strategic Alliance With Falabella Financiero
Tuesday, 16 Apr 2019 

April 15 (Reuters) - Despegar.com Corp ::DESPEGAR AGREES TO ACQUIRE 100% OF VIAJES FALABELLA AND ENTERS INTO LONG-TERM STRATEGIC ALLIANCE WITH FALABELLA FINANCIERO.DESPEGAR.COM CORP - PROPOSED DEAL FOR TOTAL CONSIDERATION OF US $27 MILLION.DESPEGAR.COM CORP - TRANSACTION ASSUMES TRANSFER OF THESE OPERATIONS FREE OF ANY FINANCIAL DEBT.DESPEGAR.COM CORP - INCLUDED IN TRANSACTION IS TRANSFER OF 100% SHARE OWNERSHIP OF VIAJES FALABELLA'S OPERATIONS TO DESPEGAR.DESPEGAR.COM CORP - VIAJES FALABELLA WILL MAINTAIN BRAND, ITS NETWORK OF PHYSICAL STORES AND ITS DIGITAL PLATFORMS.  Full Article

Despegar.Com Reports Qtrly Earnings Per Share Of $0.04
Thursday, 7 Mar 2019 

March 7 (Reuters) - Despegar.com Corp ::Q4 REVENUE $133 MILLION VERSUS REFINITIV IBES ESTIMATE OF $126 MILLION.QTRLY REVENUES TOTALED $133 MILLION, UP 9% ON AN FX NEUTRAL BASIS (DOWN 13% AS REPORTED).QTRLY GROSS BOOKINGS REACHED $1.2 BILLION, A YEAR-OVER-YEAR INCREASE OF 28% ON AN FX NEUTRAL BASIS.QTRLY GROSS BOOKINGS REACHED $1.2 BILLION, A YEAR-OVER-YEAR INCREASE OF 28% ON AN FX NEUTRAL BASIS (DOWN 4% AS REPORTED).QTRLY TRANSACTIONS ROSE 11% TO 2.7 MILLION FROM 2.4 MILLION IN 4Q17.QTRLY EARNINGS PER SHARE $0.04.Q4 EARNINGS PER SHARE VIEW $0.06 -- REFINITIV IBES DATA.  Full Article

Despegar.Com Appoints Nilesh Lakhani As Board Chairman After Jason Lenga Resignation
Thursday, 7 Mar 2019 

March 7 (Reuters) - Despegar.com Corp ::DESPEGAR.COM ANNOUNCES APPOINTMENT OF NEW BOARD CHAIRMAN.DESPEGAR.COM CORP - JASON LENGA TENDERED HIS RESIGNATION AS BOARD CHAIRMAN TO COMPANY'S BOARD DIRECTORS EFFECTIVE MARCH 6, 2019.DESPEGAR.COM CORP - NILESH LAKHANI, A CURRENT DIRECTOR AND MEMBER OF AUDIT COMMITTEE HAS BEEN APPOINTED BOARD CHAIRMAN OF COMPANY.DESPEGAR.COM CORP - WITH LENGA'S RESIGNATION, BOARD IS NOW COMPRISED OF 6 MEMBERS.  Full Article

Despegar.Com Corp Files For Resale Of Up To 24.2 Mln Ordinary Shares By Selling Shareholders
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Despegar.com Corp ::DESPEGAR.COM CORP FILES FOR RESALE OF UP TO 24.2 MILLION ORDINARY SHARES BY THE SELLING SHAREHOLDERS - SEC FILING.  Full Article

Despegar.Com Q3 Loss Per Share $0.02
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Despegar.com Corp ::Q3 REVENUE $121.2 MILLION VERSUS I/B/E/S VIEW $123.8 MILLION.QTRLY LOSS PER SHARE $0.02.  Full Article

Despegar.Com Announces Appointment Of Chief Financial Officer
Thursday, 11 Oct 2018 

Oct 10 (Reuters) - Despegar.com Corp ::DESPEGAR.COM ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER.SAYS ALBERTO LÓPEZ GAFFNEY APPOINTED CFO.GAFFNEY SUCCEEDS MIKE DOYLE.  Full Article

Despegar.Com Q2 Revenue $128.3 Mln Vs I/B/E/S View $133.6 Mln
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Despegar.com Corp ::Q2 REVENUE $128.3 MILLION VERSUS I/B/E/S VIEW $133.6 MILLION.QTRLY GROSS BOOKINGS UP 12% YEAR-OVER-YEAR.DESPEGAR.COM - TOTAL REVENUE INCREASED 4% TO $128.3 MILLION IN Q2.QTRLY TRANSACTIONS UP 18% YEAR-OVER-YEAR.DESPEGAR.COM - EXPECT TO FILE THIS WEEK A REGISTRATION STATEMENT WITH SEC TO REGISTER SHARES HELD BY AFFILIATES OF TIGER GLOBAL.DESPEGAR.COM - PRIMARY PURPOSE OF SEC REGISTRATION STATEMENT IS TO ENABLE TIGER GLOBAL TO DISTRIBUTE ITS SHARES TO ITS LIMITED PARTNERS.QTRLY PRO FORMA EARNINGS PER SHARE $0.02.Q2 EARNINGS PER SHARE VIEW $0.07 -- THOMSON REUTERS I/B/E/S.DESPEGAR.COM - EXPECT MAJORITY OF SHARES BEING REGISTERED WILL BE DISTRIBUTED TO TIGER GLOBAL'S LPS.MOBILE TRANSACTIONS UP 37% YEAR-OVER-YEAR, ACCOUNTING FOR 33% OF TOTAL TRANSACTIONS IN Q2.  Full Article

Despegar.com 3Q17 YoY growth of 32% in gross bookings and 24% in revenues
Friday, 17 Nov 2017 

Nov 16 (Reuters) - Despegar.Com Corp :Despegar.com announces 3Q17 YoY growth of 32% in gross bookings and 24% in revenues.Despegar.com Corp - qtrly ‍revenues $131.5 million versus $106.1​ million.Despegar.com Corp - qtrly ‍gross bookings $1,116 million versus $845​ million.Despegar.com Corp - qtrly ‍net income $11.2 million versus $14.4​ million.Q3 revenue view $128.9 million -- Thomson Reuters I/B/E/S.  Full Article