Travelzoo (TZOO) Misses Q4 EPS by 5c
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Travelzoo Reports Fourth Quarter 2019 Results and Discusses Impact of Acquisition of Jack’s Flight Club on 2020 Results
March 2, 2020 8:00 AM ESTNEW YORK, March 02, 2020 (GLOBE NEWSWIRE) -- Travelzoo® (NASDAQ: TZOO):
Revenue of $26.9 million; consistent year-over-year in constant currenciesCash flow from operations of $9.4 millionGAAP operating profit of $0.8 millionEarnings per share (EPS) of ($0.05)New Travelzoo® members growth 18% higherAcquisition of fast-growing, highly profitable Jacks Flight Club completed on January 13.Travelzoo, a global Internet media company that publishes exclusive offers and experiences for members, today announced financial results for the fourth quarter ended December 31, 2019. Global consolidated revenue was $26.9 million, a decrease of $164,000 year-over-year. In constant currencies, revenue was consistent year-over-year.... More

