Travelport Falls Short After Investing for the Future
Travelport Worldwide (NYSE: TVPT) released third-quarter 2017 results on Thursday, highlighting the continued outperformance of its eNett commercial payments segment and several moves to improve its balance sheet.
However, the travel commerce platform company also missed bottom-line expectations for the quarter, and reduced its earnings expectations for the full year, though not without reason; shares are down around 9% as a result. Let's take a closer look at what drove Travelport's business as it entered the second half of the year.
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Source: Fool.com
