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Despegar.com: Q1 Earnings Snapshot

Last Updated May 19, 2021 at 6:24 am EDT

BUENOS AIRES, Argentina (AP) _ Despegar.com Corp. (DESP) on Wednesday reported a loss of $37.4 million in its first quarter.

The Buenos Aires, Argentina-based company said it had a loss of 54 cents per share. Losses, adjusted to account for extraordinary items, were 47 cents per share.

The online travel company posted revenue of $51.9 million in the period.

Despegar.com shares have declined 1.5% since the beginning of the year. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DESP at https://www.zacks.com/ap/DESP

The Associated Press