Why Yatra Online Shares Are Ticking Higher Today

  • Yatra Online, Inc YTRA stock jumped upwards after it reported fourth-quarter adjusted revenue growth of 93.3% year-on-year to $23.1 million, beating the consensus of $12.8 million.
  • The increase in revenue was primarily due to a recovery in the consumer and corporate travel business.
  • Adjusted revenue from the Air Ticketing business increased 118.7% Y/Y to $17.8 million. The Hotels and Packages business revenue increased by 49.3% Y/Y to $3.3 million.
  • Total Gross Bookings (Air Ticketing, Hotels and Packages, and others) totaled $217 million, representing an increase of 56.1 Y/Y. 
  • Adjusted EBITDA was $2.3 million, reflecting an increase of 251% Y/Y. 
  • Adjusted EPS of $0.01 beat the consensus loss of $(0.02).
  • Yatra Online held $13.3 million in cash and equivalents.
  • The company remained optimistic about its Indian IPO plans.
  • Price Action: YTRA shares traded higher by 2.53% at $1.99 on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsEquitiesNewsPenny StocksIPOsMarketsMoversBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!