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MakeMyTrip: Fiscal 4Q Earnings Snapshot

MakeMyTrip: Fiscal 4Q Earnings Snapshot

Associated Press

GURGAON, India (AP) _ MakeMyTrip Ltd. (MMYT) on Thursday reported a loss of $40.5 million in its fiscal fourth quarter.

On a per-share basis, the Gurgaon, India-based company said it had a loss of 39 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.

The online travel company posted revenue of $120.2 million in the period. Its adjusted revenue was $163.3 million.

MakeMyTrip shares have fallen almost 4% since the beginning of the year. The stock has fallen 31% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MMYT at https://www.zacks.com/ap/MMYT