Recap: MakeMyTrip Q3 Earnings

Shares of MakeMyTrip MMYT were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share rose 146.67% year over year to $0.07, which beat the estimate of ($0.19).

Revenue of $64,309,000 declined by 68.88% from the same period last year, which beat the estimate of $60,710,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

MakeMyTrip hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jan 28, 2021

Time: 07:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/bzj8frs4

Price Action

52-week high: $33.33

52-week low: $10.00

Price action over last quarter: Up 62.64%

Company Profile

MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day to day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet based platforms, call-centers, and branch offices, provides holiday packages and hotel reservations. Its Air ticketing segment includes internet based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.