Travelzoo (TZOO) Tops Q1 EPS by 13c, Revenues Miss

Travelzoo (NASDAQ: TZOO) reported Q1 EPS of $0.26, $0.13 better than the analyst estimate of $0.13. Revenue for the quarter came in at $30.8 million versus the consensus estimate of $31.4 million.

• Revenue of $30.8 million, up 3% year-over-year in constant currencies
• Operating profit of $5.0 million, up 36% year-over-year
• Cash flow from operations of $3.4 million
• Earnings per share (EPS) of $0.26

"Our attractive core business in North America and Europe generated an operating profit of $6.6 million, with a strong operating margin of 23%, of which $1.6 million was re-invested in our Asia Pacific business. We are committed to driving up shareholder value by implementing a successful strategy to achieve profitable growth in Asia Pacific faster," said Holger Bartel, Global CEO of Travelzoo.

For earnings history and earnings-related data on Travelzoo (TZOO) click here.

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