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home / news releases / DESP - Despegar.com Corp. (DESP) Q1 2024 Earnings Call Transcript


DESP - Despegar.com Corp. (DESP) Q1 2024 Earnings Call Transcript

2024-05-16 20:13:08 ET

Despegar.com, Corp. (DESP)

Q1 2024 Earnings Call Transcript

May 16, 2024, 04:30 PM ET

Company Participants

Luca Pfeifer - IR

Damian Scokin - CEO

Gonzalo Estebarena - CTO

Amit Singh - CFO

Conference Call Participants

Andrew Ruben - Morgan Stanley

Naved Khan - B. Riley Securities

Joao Soares - Citi

Thomas Shinske - Cantor Fitzgerald

Tom Champion - Piper Sandler

Jed Kelly - Oppenheimer

Presentation

Operator

Good morning, and welcome to Despegar's First Quarter 2024 Earnings Conference Call. My name is Krista and I will be your operator for today's call. At this time, all participants are in a listen-only mode, and please note that this call is being recorded. There will be an opportunity for you to ask questions at the end of today's presentation. Now, I would like to turn the call over to Mr. Luca Pfeifer, Investor Relations. Please go ahead.

Luca Pfeifer

Good morning, everyone, and thanks for joining us today. In addition to reporting unaudited financial results in accordance with the US generally accepted accounting principles, we will discuss certain non-GAAP financial measures and operating metrics, including foreign exchange neutral calculations. Investors should carefully read the definitions of these measures and metrics included in our press release to ensure that they understand them. Non-GAAP financial measures and operating metrics should not be considered in isolation, as substitutes for or superior to GAAP financial measures, and are provided as supplemental information only.

Before we begin our prepared remarks, please allow me to remind you that certain statements made during the course of the discussion may constitute forward-looking statements which are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to materially differ, including factors that may be beyond the company's control. These include, but are not limited to, expectations and assumptions related to the integration and performance of the businesses we acquire. For a description of these risks, please refer to our filings with the US Securities and Exchange Commission and our press release.

Speaking on today's call is our CEO, Damian Scokin, who will provide an overview of Despegar's first quarter performance, as well as an update on our many strategic growth initiatives. Next, our CTO, Gonzalo Estebarena will provide you with an update on recent developments of our AI-powered travel assistant, SOFIA. And finally, Amit Singh, our CFO, will follow with a more detailed review of the quarter's financial results. After that, Damian will end our prepared remarks with a wrap-up before we open the call for your questions....

For further details see:

Despegar.com, Corp. (DESP) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Despegar.com Corp.
Stock Symbol: DESP
Market: NYSE
Website: despegar.com

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