NasdaqGS:MMYTHospitality
MakeMyTrip (NasdaqGS:MMYT): Examining Valuation After Revenue Growth and Surprise Net Loss in Latest Earnings
MakeMyTrip (NasdaqGS:MMYT) just posted its latest quarterly and half-year earnings, revealing a rise in revenue along with a swing to a net loss for the second quarter. This shift in profitability caught investor attention.
See our latest analysis for MakeMyTrip.
Despite MakeMyTrip's latest revenue growth, the stock has seen momentum taper off recently, with a 14.9% decline in share price over the past month and a 32.9% drop year-to-date. Even so, long-term shareholders are still well ahead...