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DESP News and Press, Despegar.com Corp. From 11/12/20

Stock Information

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

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DESP - Despegar.com plunges on Q3 revenue and net income drop

With a significant drop in Q3 revenue (-91% Y/Y to $11.7M) and net income (net loss of $41.7M vs. net loss of $3.7M in year ago quarter), Despegar.com ([[DESP]] -6.2%) traded in red.With cancellations amid the company's flexible refund policy in COVID-19, reported revenues, excludin...

DESP - XPeng and Pinduoduo among consumer gainers; Full House Resorts among losers

Gainers: XPeng (XPEV) +29%. Fossil Group (FOSL) +24%. Pinduoduo (PDD) +21%. Scienjoy Holding (SJ) +20%. Li Auto (LI) +20%.Losers: Eastside Distilling (EAST) -15%. Energy Focus (EFOI) -10%. Liquid Media Group (YVR) -10%. Despegar.com (DESP) -9%. Full House Resorts (FLL) -8%. For fu...

DESP - Despegar.com, Corp. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Despegar.com, Corp. in conjunction with their 2020 Q3 earnings call. For further details see: Despegar.com, Corp. 2020 Q3 - Results - Earnings Call Presentation

DESP - Despegar.com EPS beats by $0.04, beats on revenue

Despegar.com (DESP): Q3 Non-GAAP EPS of -$0.35 beats by $0.04; GAAP EPS of -$0.60 misses by $0.23.Revenue of $11.74M (-91.1% Y/Y) beats by $0.84M.Press Release For further details see: Despegar.com EPS beats by $0.04, beats on revenue

DESP - Despegar.com Announces 3Q20 Financial Results

Improving Trend in Bookings Despite Government Restrictions on Travel Leveraging Non-Paid Marketing Channels Delivered Cost Reduction Targets Despegar.com, Corp. (NYSE: DESP) , (“Despegar” or the “Company”) a leading online travel company ...

DESP - Despegar.com Announces Third Quarter 2020 Financial Results Call and Webcast

Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Third Quarter 2020 results on Thursday, November 12, 2020 before the market opens. Earnings Release Thursday, November 12, 2020 Time: Before Mark...

DESP - Despegar.com: A COVID-19 Vaccine Play That Nobody Is Paying Attention To

Despegar's stock has been decimated by the COVID-19 pandemic and rightly so; business has fallen off a cliff with a slow slog recovery facing it. The company has an extremely asset-light business with ample cash to keep it afloat until 2022-23 when its fortunes may change dramatically...

DESP - Why Despegar Stock Sank 25.6% in September

Shares of Despegar (NYSE: DESP) slumped 25.6% in September, according to data from S&P Global Market Intelligence . The Latin American online travel company lost ground amid a sell-off in the broader market and surges in newly diagnosed COVID-19 infections in many parts of t...

DESP - AYX, EEX, IOVA and YMAB among after-hours movers

Gainers: [[AYX]] +27.9%. [[EEX]] +24.1%. [[GLYC]] +15.0%. [[OR]] +8.3%. [[SPAQ]] +4.3%.Losers: [[IOVA]] -22.0%. [[YMAB]] -20.6%. [[KC]] -7.5%. [[DESP]] -4.6%. [[PDI]] -3.9%. For further details see: AYX, EEX, IOVA and YMAB among after-hours movers

DESP - Despegar Completes Acquisition of Best Day Travel Group

Strengthening Despegar’s Competitive Advantages in Mexico Despegar.com, Corp. (NYSE:DESP) , (“Despegar”), the leading online travel company in Latin America, today announced that on October 1, 2020 it completed the previously announced acquisition of...

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