Mondee Cancels Third Quarter 2024 Financial Results Webcast
November 18 2024 - 7:00AM
Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a
leading travel marketplace and artificial intelligence (AI)
technology company, announced today that it has cancelled the
Company’s webcast on the third quarter 2024 financial results for
the period ended September 30, 2024.
For additional information, please visit:
https://investors.mondee.com.
About Mondee Holdings, Inc. and
Subsidiaries
Established in 2011, Mondee is a leading travel marketplace and
artificial intelligence (AI) technology company with its
headquarters based in Austin, Texas. The Company operates 21
offices globally across the United States and Canada, Brazil,
Mexico, India, and Greece. Mondee is driving change in the leisure
and corporate travel sectors through its broad array of innovative
solutions. Available both as an app and through the web, the
Company’s platform processes over 50 million daily searches and
generates a substantial transactional volume annually. Mondee
Marketplace includes access to Abhi, one of the most powerful and
fully integrated AI travel planning assistants in the market.
Mondee’s network and marketplace include approximately 65,000
travel experts, 500+ airlines, and over one million hotels and
vacation rentals, 30,000 rental car pickup locations, and 50+
cruise lines. The Company also offers packaged solutions and
ancillary offerings that serve its global distribution. On July 19,
2022, Mondee became publicly traded on the Nasdaq Global Market
under the ticker symbol MOND. For further information, visit:
www.mondee.com.
Forward-Looking Statements:This press release
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995, as amended.
Forward-looking statements can be identified by words such as:
“believe,” “could,” “may,” “expect,” “intend,” “potential,” “plan,”
“will” and similar references to future periods. Examples of
forward-looking statements include, among others, statements we
make regarding the Company’s future growth, performance, business
prospects and opportunities, strategies, expectations, future plans
and intentions or other future events. Such forward-looking
statements are subject to risks, uncertainties, and other factors,
which could cause actual results to differ materially from those
expressed or implied by such forward-looking statements.
Management believes that these forward-looking statements are
reasonable as and when made. However, the Company cautions you that
these forward-looking statements are subject to risks and
uncertainties, most of which are difficult to predict and many of
which are beyond the control of the Company. Factors that may cause
actual results to differ materially from current expectations
include, but are not limited to, the ability to implement business
plans and forecasts, the outcome of any legal proceedings that may
be instituted against the Company or others and any definitive
agreements with respect thereto, the ability of the Company to grow
and manage growth profitably, retain management and key employees,
and maintain relationships with our distribution network and
suppliers, the ability of the Company to maintain compliance with
Nasdaq’s listing standards, the expected changes to the Company’s
capital structure, and other risks and uncertainties set forth in
the sections entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in the Company’s Annual Report on Form
10-K for the year ended December 31, 2023 and Quarterly Report on
Form 10-Q for the three months ended June 30, 2024 filed with the
U.S. Securities and Exchange Commission (the “SEC”), and in the
Company’s subsequent filings with the SEC. There may be additional
risks that the Company does not presently know of or that the
Company currently believes are immaterial that could also cause
actual results to differ from those contained in the
forward-looking statements.
Nothing in this press release should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward-looking statements will be achieved. In
light of the significant uncertainties in these forward-looking
statements, you should not rely upon forward-looking statements as
predictions of future events. Except as required by law, Mondee
undertakes no obligation to update publicly any forward-looking
statements for any reason.
For Further Information, Contact:
Public Relationspr@mondee.com
Investor Relationsir@mondee.com
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