— MakeMyTrip Limited (NASDAQ: MMYT) reported a third-quarter 2020 adjusted loss of $0.15 per share versus a loss of $0.26 per share expected.
— Total revenue grew by 18% to $146.89 million versus $199.52 million expected.
— Revenue from air ticketing increased by 10.1% and that from hotels and packages rose by 25.4%. Bus ticketing revenue grew by 20.8% while other revenue declined by 2.1%.
— Gross bookings increased by 20.3% year-over-year driven by double-digit growth in air ticketing, hotels and packages, and bus ticketing.
— Flight segments unit metrics in air ticketing rose by 15.3% to 11.65 million while room nights metrics in hotels and packages grew by 20.7% to 8.47 million.
— Room nights online unit metrics in standalone hotels jumped by 21.1% to 8.3 million and traveled tickets metrics in bus ticketing climbed by 31.6% to 21.34 million.
— As of December 31, 2019, the balance of cash and cash equivalents and term deposits on the balance sheet was $221.3 million.
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus
Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000