Despegar.com, Corp. (NYSE:DESP) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET

Company Participants

Luca Pfeifer - Investor Relations
Damián Scokin - Chief Executive Officer
Sebastian Mackinnon - Chief Partner and Corporate Affairs Manager
Gonzalo Estebarena - Chief Technology Officer
Amit Singh - Chief Financial Officer

Conference Call Participants

Naved Khan - B. Riley Securities
Andrew Ruben - Morgan Stanley
Kevin Kopelman - TD Cowen

Operator

Good day and welcome to Despegar's Third Quarter 2024 Earnings Conference Call. My name is Jeannie [ph] and I will be the operator for today's call. At this time, all participants are in a listen-only mode. Please note that this call is being recorded. There will be an opportunity for you to ask questions at the end of today's presentation.

Now, I would like to turn the call over to Mr. Luca Pfeifer, Investor Relations. Please go ahead.

Luca Pfeifer

Good afternoon, everyone and thanks for joining us today. In addition to reporting unaudited financial results in accordance with U.S. generally accepted accounting principles, we will discuss certain non-GAAP financial measures and operating metrics, including foreign exchange neutral calculations. Investors should carefully read the definitions of these measures and metrics included in our press release to ensure that they understand them. Non-GAAP financial measures and operating metrics should not be considered in isolation, as substitute or superior to GAAP financial measures and are provided as a supplemental information on.

Before we begin our prepared remarks, please allow me to remind you that certain statements made during the course of the discussion may constitute forward-looking statements which are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to materially differ, including factors that may be beyond the company's control. These include but are not limited to, expectations and assumptions related to the integration and performance of the businesses we acquire. For a description of these risks, please refer to our filings with the U.S. Securities and Exchange Commission and our press release.

Joining us on today's call are our CEO, Damián Scokin, who will kick things off with an overview of Despegar's performance in the third quarter and an update on key growth initiatives. Following Damián, Sebastian Mackinnon, our Chief of Travel Partners will share the latest on our B2B efforts; and then our CTO, Gonzalo Estebarena, will walk you through the recent advancements we have made with SOFIA, our AI travel assistance. Diving deeper into the financials, our CFO, Amit Singh will provide a detailed review of the quarter's results. Finally, Damián will wrap up our prepared remarks before we open the floor for your questions.