Mondee Holdings, Inc. Q1 Loss Rises

(RTTNews) - Mondee Holdings, Inc. (MOND) released Loss for its first quarter that increased from last year

The company's bottom line came in at -$19.46 million, or -$0.30 per share. This compares with -$12.92 million, or -$0.15 per share, in last year's first quarter.

Excluding items, Mondee Holdings, Inc. reported adjusted earnings of -$0.15 per share for the period.

The company's revenue for the quarter rose 16.2% to $58.02 million from $49.93 million last year.

Mondee Holdings, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -$19.46 Mln. vs. -$12.92 Mln. last year. -EPS (Q1): -$0.30 vs. -$0.15 last year. -Revenue (Q1): $58.02 Mln vs. $49.93 Mln last year.