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DESP - Despegar.com: Brazil Continues To Lead Growth
Despegar.com Corp.
2024-05-27 12:01:21 ET
Summary
Q1 2024 financials show impressive growth in gross bookings and revenue, particularly in the Brazilian market.
Despegar.com has continued to reduce its long-term debt.
I continue to take a bullish view on Despegar.com.
Investment Thesis: I take a bullish view on Despegar.com.
In a previous article back in March, I made the argument that Despegar.com (DESP) has the potential for further upside going forward, owing to strong growth in gross bookings and revenue - with the Brazilian market having shown particularly strong performance....