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Add as a preferred source on GoogleMakeMyTrip Revenue Misses Estimates by $33.93 Million in Q2
Gross bookings increased 20.9% year over year to $2.72 billion, while Adjusted Margin – Air Ticketing rose 14.3% to $108.6 million.
MakeMyTrip Limited (MMYT) posted second-quarter revenue of $235.16 million, 2.5% higher year over year but $33.93 million below estimates. Non-GAAP earnings per share came in at $0.47, matching estimates.
Gross bookings totaled $2,724.7 million, an increase of 20.9% from a year earlier. Adjusted Margin – Air Ticketing reached $108.6 million, up 14.3% year over year.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.