Reports Q3 net revenue $39.5M, consensus $40.73M. Gross revenue for Q3 was $600.2M. "We are excited by yet another outstanding quarter during which net revenue reached 150%1 of the pre-pandemic 3Q19 actual net revenue, even though international travel, which represents a substantial part of our business, has recovered to only 67% of its pre-pandemic levels," said Prasad Gundumogula, Chairman, Chief Executive Officer, and founder of Mondee. "This performance is a testament to our impressive growth in market share and take rate, driven by transformational technology, content expansion such as hotels, and diversified revenue streams primarily from ancillaries and fintech solutions," continued Mr. Gundumogula.
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