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home / news releases / DESP - Despegar.com: Strong Growth In Revenue And Gross Bookings Led By Brazilian Market

DESP - Despegar.com: Strong Growth In Revenue And Gross Bookings Led By Brazilian Market

Despegar.com Corp.

2024-03-19 13:57:41 ET

Summary

  • Despegar.com has experienced strong growth in gross bookings and revenue, particularly in the Brazilian market.
  • The company's recent earnings report showed a 31% increase in gross bookings as compared to the previous year.
  • Despegar.com also continues to maintain a strong balance sheet overall.
  • I continue to take a long-term bullish view on Despegar.com.

Investment Thesis: I take a bullish view on Despegar.com (DESP) due to strong growth in gross bookings and revenue as well as strong performance across the Brazilian market....

For further details see:

Despegar.com: Strong Growth In Revenue And Gross Bookings Led By Brazilian Market
Stock Information
Company Name: Despegar.com Corp.
Stock Symbol: DESP
Market: NYSE
Website: despegar.com
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