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DESP - Despegar.com sails to new high after earnings topper Mexico loyalty program launch
Despegar.com Corp.
Despegar.com ([[DESP]] +13.1%) racks up a big gain after Q4 revenue, EPS and adjusted EBITDA beat. During the earnings call, Despegar.com execs said the company plans to launch a loyalty program in Mexico later this year after successful loyalty program launches in Brazil and Argentina. Shares of DESP rose to a new 52-week high of $14.94 earlier in the session. Despegar.com earnings call transcript.