Despegar.com, Corp. reaffirmed earnings guidance for the year 2023 and provides guidance for the third quarter of 2023. The Company reaffirms its 2023 annual guidance, which is as follows: Revenue to be $640 million to $700 million.

Looking ahead, the company expects the recovery in travel demand to continue during the seasonally stronger second half of the year. Specifically, the company expects revenue to increase in the mid- to high single digits in the third quarter.