Yatra Online Inc Stock Price, News & Analysis

Yatra Online, Inc. (NASDAQ: YTRA) has announced its participation in two virtual investor conferences: the Sidoti & Co Microcap Virtual Investor Conference on November 19, 2020, and the Benzinga Global Small Cap Conference on December 9, 2020. CEO Dhruv Shringi will present at both events, which include live webcasts accessible to the public. Yatra is recognized as a leading provider of Corporate Travel services in India, catering to over 700 corporate clients, and offers diverse travel-related services, including hotel bookings and holiday packages.

Yatra Online, Inc. (NASDAQ: YTRA) announced its financial results for Q3 2020, reporting a significant decline in revenues due to the impact of the pandemic. Adjusted revenue was INR 377.7 million (USD 5.1 million), down 75.2% year-over-year. Losses for the period totaled INR 300.6 million (USD 4.1 million), while adjusted EBITDA loss improved to INR 125.0 million (USD 1.7 million). Domestic aviation recovery indicated a 60% sequential growth in adjusted revenue, with October 2020 traffic recovering to 42% of October 2019 levels. Yatra's liquidity position suggests resilience against prolonged industry slowdowns.

Yatra Online, Inc. (NASDAQ: YTRA) will announce its unaudited second quarter results for the period ended September 30, 2020, on November 5, 2020, before markets open in New York. The results will be available in the Investor Relations section of its website. Following the release, senior management will host a conference call on the same day at 8:30 AM EST to discuss the results. Yatra is a leading corporate travel service provider in India, catering to over 700 corporate customers and offering a variety of travel services.

On September 16, 2020, Yatra Online, Inc. (NASDAQ: YTRA) announced that its CEO Dhruv Shringi and VP Manish Hemrajani purchased 50,000 shares between September 14-15, 2020. Yatra is a leading Corporate Travel Services provider in India, catering to over 700 corporate clients. The company operates Yatra.com, offering comprehensive travel solutions including air travel, hotel bookings, and holiday packages, with access to more than 1.5 million hotels globally.

Yatra Online, Inc. (NASDAQ: YTRA) reported unaudited financial results for Q2 2020, ending June 30. Revenue reached INR 192 million (USD 2.5 million), an 86.2% decline year-over-year. Adjusted revenue from air ticketing was INR 170.2 million (USD 2.3 million), down 85.2%, while revenue from hotels and packages dropped 94.9%. The company reported a loss of INR 79.5 million (USD 1.1 million). Cost-cutting measures, including a reduction of fixed costs from INR 203.9 million (USD 2.7 million) to INR 90.6 million (USD 1.2 million), aim to enhance liquidity amidst ongoing travel disruptions.

Yatra Online, Inc. (NASDAQ: YTRA) has announced its upcoming unaudited first quarter results for the period ending June 30, 2020, set to be released on September 9, 2020, before market opening in New York. The results will be accessible in the Investor Relations section of their website. Following the release, a conference call will be held by the senior management team at 8:30 AM EST to discuss the results, providing investors with an opportunity to gain insights on the company's performance.

Yatra Online, Inc. (NASDAQ: YTRA) announced its participation in three virtual conferences in September 2020. CEO Dhruv Shringi will present at the LD Micro 500 Conference on September 2, the H.C. Wainwright 22nd Annual Global Investment Conference on September 14, and the Sidoti & Co Fall 2020 Virtual Investor Conference on September 23-24. Each presentation will be webcast live at investors.yatra.com. Yatra is recognized as India's leading Corporate Travel Services provider, serving over 700 corporate clients.

Yatra Online, Inc. (NASDAQ: YTRA) received a notification from Nasdaq on July 29, 2020, indicating that its shares did not meet the minimum bid price of $1.00 for 30 consecutive business days. The company has until January 25, 2021, to regain compliance, with the option of a second 180-day period if needed. Yatra may consider a reverse stock split to meet requirements. Failure to comply may lead to delisting, although an appeal is possible. Yatra operates India's leading corporate travel platform, serving over 850 corporate clients.

Yatra Online, Inc. (NASDAQ: YTRA) has announced a partnership with upGrad Enterprise, India's leading online higher education provider, to diversify its services beyond travel. This collaboration aims to provide corporate clients with advanced learning and skill development opportunities. Within six months, the alliance will help reduce employee attrition and align learning objectives with business strategies. The partnership is crucial for addressing skill gaps and enhancing workforce capabilities in a challenging economic environment, marking a significant shift for Yatra towards becoming a comprehensive business solution provider.