TravelZoo Traveling Higher Today (TZOO)

Shares of Travelzoo Inc. TZOO are partying like its 1999, at least the tech bubble portion of it. Shares are up around 20% today after the company reported much better than expected numbers than Wall Street was expecting. Travelzoo reported revenues of $27.7 million earnings of 22 cents per share, far better than the $26.2 million and 11 cents Wall Street had anticipated. Revenue grew 17% from last year, with 12% gains coming from North America, and extremely healthy 37% growth seen in Europe.
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Posted In: EarningsNewsMoversInformation TechnologyInternet Software & Services
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