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Travelport Worldwide Ltd (TVPT.N)

TVPT.N on New York Stock Exchange

13.22USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Travelport Worldwide Q3 revenue $611 million versus I/B/E/S view $611.2 million
Thursday, 2 Nov 2017 06:45am EDT 

Nov 2 (Reuters) - Travelport Worldwide Ltd ::Travelport Worldwide Limited reports third quarter 2017 results.Q3 revenue $611 million versus I/B/E/S view $611.2 million.Sees FY 2017 revenue up at least 20 percent.Travelport Worldwide Ltd qtrly ‍income per share $0.04​.‍guidance for full year 2017 net revenue is unchanged​.Travelport Worldwide Ltd - for ‍full year 2017 anticipate adjusted EBITDA growth to be within 2 to 4 pct range as guided​.Travelport Worldwide Ltd - ‍guidance for full year 2017 free cash flow is unchanged​.  Full Article

Makemytrip to use Travelport's travel commerce platform
Wednesday, 23 Aug 2017 03:30am EDT 

Aug 23 (Reuters) - Makemytrip Ltd :Makemytrip to use the Travelport platform.Signed deal with Travelport's india distributor interglobe technology quotient, for use of Travelport's travel commerce platform.  Full Article

Travelport Worldwide Ltd - ‍on July 31, 2017, co entered into an amendment to credit agreement
Thursday, 3 Aug 2017 07:38am EDT 

Aug 3 (Reuters) - Travelport Worldwide Ltd :Travelport Worldwide Ltd - ‍on July 31, 2017, co entered into an amendment to credit agreement, dated as of September 2, 2014​.Travelport Worldwide Ltd says amendment amends maturity date of revolving credit loans to September 2, 2022​ - SEC filing.Travelport Worldwide Ltd - ‍amendment increases revolving credit commitments by $25 million.  Full Article

Travelport Worldwide sees FY 2017 revenue up at least 20 pct
Thursday, 3 Aug 2017 06:45am EDT 

Aug 3 (Reuters) - Travelport Worldwide Ltd :Travelport worldwide limited reports second quarter and half year 2017 results.Q2 revenue $612 million versus i/b/e/s view $618.3 million.Sees fy 2017 revenue up at least 20 percent.Travelport worldwide ltd qtrly net revenue increased 1% to $612 million.Travelport worldwide ltd says full year 2017 net revenue and earnings guidance unchanged; raising free cash flow guidance.Q2 beyond air revenue increased 8% to $160 million.Travelport worldwide ltd qtrly earnings per share $0.40.  Full Article

BRIEF-Travelport Worldwide sees FY revenue up 3 pct to 5 pct
Thursday, 3 Aug 2017 06:45am EDT 

Corrects revenue outlook in headline and third bullet to "3 pct-5 pct" from "at least 20 pct":Travelport Worldwide Limited reports second quarter and half year 2017 results.Q2 revenue $612 million versus I/B/E/S view $618.3 million.Sees FY 2017 revenue up 3 percent to 5 percent.Qtrly net revenue increased 1 pct to $612 million.Says full year 2017 net revenue and earnings guidance unchanged; raising free cash flow guidance.Q2 Beyond Air revenue increased 8 pct to $160 million.Qtrly adjusted earnings per share $0.40.  Full Article

Travelport Worldwide Q1 adjusted EPS $0.51
Tuesday, 9 May 2017 06:45am EDT 

May 9 (Reuters) - Travelport Worldwide Ltd :Travelport worldwide limited reports first quarter 2017 results.Q1 adjusted earnings per share $0.51.Q1 revenue $651 million versus i/b/e/s view $628.8 million.Q1 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Q1 earnings per share $0.45.Sees fy 2017 revenue up at least 20 percent.Travelport worldwide ltd - anticipate full year 2017 earnings and cash flow to be towards higher end of guidance ranges.Travelport worldwide ltd - guidance for full year 2017 is unchanged.  Full Article

HG Vora Capital Management Llc reports 6.0 percent passive stake in Travelport Worldwide Ltd
Friday, 10 Mar 2017 08:07am EST 

Travelport Worldwide Ltd :HG Vora Capital Management Llc reports 6.0 percent passive stake in Travelport Worldwide Ltd as of February 28 - SEC filing.  Full Article

Travelport reports Q4 loss per share of $0.05
Tuesday, 21 Feb 2017 06:45am EST 

Travelport Worldwide Ltd : Travelport Worldwide Limited reports fourth quarter and full year 2016 results . Sees FY 2017 revenue up 3 percent to 5 percent . Q4 loss per share of $0.05 . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Says expected mid single-digit growth for travel commerce platform net revenue partly offset by IGTS divestment for 2017 . Sees 2017 adjusted diluted income per share $1.29 - $ 1.37 . Says expected low single-digit growth for adjusted EBITDA in 2017 after strategic growth expenditure . Sees 2017 adjusted EBITDA $585 million - $595 million . Expects FY 2017 free cash flow $165 million - $185 million . Travelport currently anticipates that ENETT, commercial payments business, will grow net revenue by at least 20% in 2017 . Fy2017 earnings per share view $1.36, revenue view $2.48 billion -- Thomson Reuters I/B/E/S . Expects FY 2017 net revenue $2,425 million - $2,475 million . Quarterly net revenue $545.4 million versus $534.9 million .Q4 revenue view $551.6 million -- Thomson Reuters I/B/E/S.  Full Article

AVIS BUDGET GROUP AND TRAVELPORT EXTEND RELATIONSHIP
Monday, 13 Feb 2017 10:13am EST 

Avis Budget Group Inc : AVIS BUDGET GROUP INC - CO AND TRAVELPORT ANNOUNCED SIGNING OF A NEW, MULTI-YEAR PARTNERSHIP AGREEMENT .SAYS THROUGH AGREEMENT, AVIS BUDGET GROUP WILL HAVE CONTINUED ACCESS TO TRAVELPORT'S TRAVEL COMMERCE PLATFORM.  Full Article

Travelport Worldwide to enhance operational and technological efficiency
Monday, 5 Dec 2016 04:39pm EST 

Travelport Worldwide Ltd : Co committed to undertake course of action to enhance Co's operational and technological efficiency . Travelport expects total charges in connection with program to be about $27 million to $31 million . Program involves consolidating multiple technology vendors with which company currently works . Program involves consolidating Co's three U.S. Technology hubs in Atlanta, Denver & Kansas city into two centers in ATLANTA & Denver . Program is expected to complete within 12 to 18 months, after which co expects annualized cost savings of about $19 million to $23 million . Expects total charges to include about $14 million to $16 million in severance and employee-related obligations . Expects that substantially all of these costs will be cash expenditures .Out of total charge about $6 million incurred during 9 months ended Sept 30, with about $5 million expected to be incurred during.  Full Article