Travelport on Friday reported 2018 revenue of $2.5 billion, a 4% increase from the year prior.

Travelport attributed the increase to growth in Travel Commerce Platform revenue. That was also the reason given for its 3% uptick in revenue in the fourth quarter, to $589 million.

The company's net income fell 46% in 2018, to $75 million. Travelport attributed that drop largely to a $72 million decrease in operating income and a $22 million increase in loss on early extinguishment of debt because of debt refinancing in March.

For the fourth quarter, net income decreased 93% to $3 million, which Travelport attributed to a $24 million increase in income tax expense and a $17 million increase in interest expense.

In a statement, Travelport president and CEO Gordon Wilson said, "I am pleased to report that we ended the year with all of our full year key financial performance measures either in line with or better than management expectations and guidance. We also made significant operational progress across our four customer priorities of delivering superior choice, performance, experiences and intelligence in travel and payments."

Travelport did not hold an earnings call Friday in light of its acquisition agreement with Siris Capital Group and Evergreen Coast Capital Corp.

Shareholders are expected to vote on the acquisition next month. Pending shareholder and regulatory approvals, the acquisition is expected to close in the first half of 2019.

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