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Despegar.com, Corp. - $DESP STOCK NEWS

Welcome to our dedicated page for Despegar.com news (Ticker: $DESP), a resource for investors and traders seeking the latest updates and insights on Despegar.com stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Despegar.com's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Despegar.com's position in the market.

Rhea-AI Summary

Despegar.com, Corp. (NYSE: DESP), Latin America’s top travel technology company, has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2023. The report is accessible on the SEC and Despegar's websites, featuring complete audited financial statements. Investors can request a printed copy for free via email.

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Rhea-AI Summary
Despegar.com, Corp. celebrates its 25th anniversary by ringing the closing bell of the New York Stock Exchange. The Latin American travel technology company has been a pioneer in revolutionizing the region's travel industry through technology. Despegar recently launched SOFIA, an AI-powered travel assistant, to enhance customer experience and expand its market presence.
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3.05%
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Rhea-AI Summary
Despegar.com, Corp. (NYSE: DESP) reports robust FY23 performance with revenue growing 31% YoY and adjusted EBITDA increasing 176% YoY. 4Q23 adjusted EBITDA increased 248% YoY to $43.6 million, with improving operating efficiency and strong revenue rising 40% YoY to a record $203.7 million.
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14.46%
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Despegar.com, Corp. (NYSE: DESP) will report its Fourth Quarter 2023 results on March 14, 2024, after the market close. The conference call will be held at 4:30 p.m. Eastern Time. Investors can pre-register for the call to gain immediate access.
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Despegar.com, Corp. (NYSE: DESP) launches SOFIA, a Generative AI Travel Assistant, revolutionizing travel planning in Latin America. SOFIA offers personalized, multimodal, and intuitive travel assistance from idea inception to return, setting a new standard in the industry.
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Rhea-AI Summary
Despegar.com, Corp. (NYSE: DESP) raises full-year 2023 financial guidance with Adjusted EBITDA projected at $105-110 million and revenue at $690-700 million. CEO Damian Scokin attributes this to the company's market position, technology platform, commercial execution, and operational efficiencies.
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11.76%
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DESP: Despegar.com, Corp. Reports Record Quarterly Revenues and 106% YoY Increase in Adj. EBITDA, Driving Strong Profitable Growth and Positive Operating Cash Flow
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0.29%
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Rhea-AI Summary
Despegar.com, Corp. (NYSE: DESP) will report its Third Quarter 2023 results on Thursday, November 9, after the market close. The conference call will take place on the same day at 4:30 p.m. Eastern Time. The quiet period will be from Monday, October 30, through Thursday, November 9, 2023. To participate in the conference call, dial +1 888 330 2413 (U.S. domestic) or +1 240 789 2721 (International) and press # to be connected to an operator. Pre-registration for the conference call is available through the provided link. Webcast and replay links are also available.
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3.92%
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Despegar.com, Corp. (NYSE: DESP) announced unaudited financial results for Q2 2023. Revenues increased 23% YoY to $165.5 million, reaching a record quarterly level. Total Adjusted EBITDA increased 183% YoY to $30.0 million. Net Income was $28.0 million, the first positive quarter since 2019. Loyalty Program members increased 194% YoY to 16.9 million.
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management
Despegar.com, Corp.

NYSE:DESP

DESP Rankings

DESP Stock Data

892.03M
60.48M
16.7%
72.06%
2.05%
Travel Agencies
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
Buenos Aires

About DESP

despegar.com es la mayor agencia de viajes de venta en línea de américa latina. presente desde 1999, en pocos años logró posicionarse entre las cinco agencias de viajes tradicionales más grandes del continente y la mayor de viajes vacacionales. despegar.com es un one-stop-shop de viajes tanto turísticos como corporativos. de la manera más sencilla, desde la comodidad de su casa u oficina, a través de www.despegar.com se acede a más de 500 aerolíneas, 70 agencias de alquiler de vehículos y miles de paquetes turísticos en todo el mundo. en hoteles despegar.com el usuario puede acceder a 150.000 hoteles, la base más grande online disponible en el mercado. ofrecemos atención telefónica con servicio especializado y en tres idiomas: español, inglés y portugués. si te interesa sumarte a un equipo de trabajo dinámico e innovador, podés acceder a nuestras búsquedas laborales actualizadas en http://despegar.bumeran.com/ ¡no dejes pasar tu oportunidad!