Travelzoo Inc Reveals 268% Rise In Q3 Profit

(RTTNews) - Travelzoo Inc (TZOO) reported a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line came in at $1.62 million, or $0.12 per share. This was higher than $0.44 million, or $0.03 per share, in last year's third quarter.

Analysts had expected the company to earn $0.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.8% to $30.44 million. This was down from $33.73 million last year.

Travelzoo Inc earnings at a glance:

-Earnings (Q3): $1.62 Mln. vs. $0.44 Mln. last year. -Earnings Growth (Y-o-Y): 268.2% -EPS (Q3): $0.12 vs. $0.03 last year. -EPS Growth (Y-o-Y): 300% -Analysts Estimate: $0.03 -Revenue (Q3): $30.44 Mln vs. $33.73 Mln last year. -Revenue Change (Y-o-Y): -9.8%