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0.00106567203942987 0.00106567203942987 -0.000266418009857437 -0.000266418009857437 0.0163847076062342 0.0110563474090849 0.0117223924337285 0.00872518982283204
Stock impact report

Travelzoo (TZOO) Q3 2024 Earnings Call Highlights: Strong European Performance and New Share ... [Yahoo! Finance Canada]

Travelzoo (TZOO) 
US:NASDAQ Investor Relations: ir.travelzoo.com
For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Travelzoo ( NASDAQ:TZOO ) reported a 30% year-over-year increase in operating profit for Q3 2024, reaching $4 million. The European segment showed strong performance with an increased operating margin of 17%. Travelzoo ( NASDAQ:TZOO ) maintained a solid cash position with $12.1 million in cash and equivalents as of September 30, 2024. Jack's Flight Club, a subsidiary, experienced an 11% increase in revenue and a 14% increase in premium subscribers year-over-year. The company announced a new share repurchase program, indicating confidence in its stock value. Negative Points Consolidated Q3 revenue was $20.1 million, down 2% from the previous year, falling short of expectations. North American revenues were below expectations due to advertisers delaying their spending. Membership fee revenue remains small and is not expected to significantly impact Q4 Show less Read more
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