Yatra Online's Q3 Earnings Tops Estimates


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  • 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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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: EarningsNewsPenny StocksBriefs