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Stock impact report

Travelzoo Reports Third Quarter 2019 Results

Travelzoo (TZOO) 
US:NASDAQ Investor Relations: ir.travelzoo.com
Company Research Source: GlobeNewswire
NEW YORK, Oct. 23, 2019 (GLOBE NEWSWIRE) -- Travelzoo® (NASDAQ: TZOO): Revenue of $25.5 million; up 2% year-over-year in constant currenciesOperating profit of $1.2 million, up 70% year-over-yearEarnings per share (EPS) of $0.03 Travelzoo, a global publisher of exclusive offers and experiences for members, today announced financial results for the third quarter ended September 30, 2019, with revenue of $25.5 million, an increase of $204,000 year-over-year, and an operating profit of $1.2 million. In constant currencies, revenue increased by 2% year-over-year. Travelzoo's reported revenue consists of advertising revenues and commissions, derived from and generated in connection with a much larger amount of purchases made by Travelzoo® members. Net income was $306,000. EPS was $0.03, up from $0.01 in the prior-year period. "Our attractive core business in North America and Europe generated an operating profit of $3.3 million, with an operating margin of 14%, of which $2.1 million w Show less Read more
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