secwatch.observer — SEC 8-K summary
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Issuer:     Mondee Holdings, Inc. (—)
CIK:        0001828852
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001828852-24-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mondee Q1 revenue $58M (+16% YoY); raises 2024 guidance, Adj EBITDA $5.1M
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- Net revenues $58.0M (+16% YoY); Adjusted EBITDA $5.1M (+27% YoY).
- Net loss $19.5M (EPS -$0.30) includes $20.7M non-cash items; adjusted EPS -$0.15.
- Raises 2024 net revenue guidance to $250-260M (midpoint +14% YoY); Adj EBITDA guidance $30-35M (+67%).
- Operating cash flow $18.7M positive vs -$10M in Q1 2023; cash reserves ~$50M, up >30% from Q4.
- Term loan maturity extended to June 2025; Mondee Brazil launched flights-only solutions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828852/000182885224000072/0001828852-24-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828852/000182885224000072/mond-20240510.htm
  HTML page:      https://secwatch.observer/filing/0001828852-24-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer