Despegar.com Sees FY24 Revenue At Least $760M Vs $802.861M Est.
Portfolio Pulse from Benzinga Newsdesk
Despegar.com has revised its FY24 revenue forecast to at least $760 million, which is below the previous estimate of $802.861 million.
August 15, 2024 | 8:08 pm
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Despegar.com has revised its FY24 revenue forecast to at least $760 million, which is below the previous estimate of $802.861 million.
The downward revision in revenue forecast is likely to negatively impact investor sentiment and could lead to a short-term decline in DESP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100