04:41 PM EDT, 05/16/2024 (MT Newswires) -- Despegar.com ( DESP ) reported Q1 earnings late Thursday of $0.07 per diluted share, compared with a loss of $0.10 a year earlier.

Two analysts polled by Capital IQ expected $0.16.

Revenue for the quarter ended March 31 was $173.7 million, up from $158.7 million a year earlier.

Three analysts surveyed by Capital IQ expected $171.6 million.

The company said it still expects 2024 revenue of at least $820 million, unchanged from the previous guidance.

Four analysts polled by Capital IQ expect $821.7 million.

The company's shares were rising past 9% in after-hours activity.

Price: 13.68, Change: +1.14, Percent Change: +9.09