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MakeMyTrip: Fiscal 1Q Earnings Snapshot

MakeMyTrip: Fiscal 1Q Earnings Snapshot

GURGAON, India (AP) _ MakeMyTrip Ltd. (MMYT) on Tuesday reported a loss of $51.1 million in its fiscal first quarter.

The Gurgaon, India-based company said it had a loss of 50 cents per share. Losses, adjusted for non-recurring costs and amortization costs, came to 37 cents per share.

The online travel company posted revenue of $137.4 million in the period. Its adjusted revenue was $170.1 million.

MakeMyTrip shares have climbed 11 percent since the beginning of the year. The stock has increased 10 percent 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