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Benzinga
Benzinga
Business
Shivani Kumaresan

Yatra Online's Q3 Earnings Tops Estimates

  • Yatra Online Inc (NASDAQ:YTRA) reported third-quarter FY22 adjusted revenue growth of 72.3% year-on-year to $14 million, beating the consensus of $11.84 million.
  • Adjusted revenue from Air ticketing rose 69.5% Y/Y, and Hotels & Packages climbed 92.2%.
  • Total gross bookings amounted to $159.3 million, a 93.3% growth Y/Y.
  • The operating loss for the quarter was $(1.9) million. The adjusted EBITDA was $0.6 million versus a $(0.5) million loss last year.
  • The company held $20.6 million in cash and equivalents as of December 31, 2021.
  • Adjusted EPS loss of $(0.01) beat the consensus of $(0.02).
  • Price Action: YTRA shares are trading lower by 0.13% at $1.98 in premarket on the last check Friday.
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