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Travelzoo Explodes Higher After Q4 Results

Travelzoo Explodes Higher After Q4 Results

Shares of internet media company Travelzoo (NASDAQ: TZOO) jumped on Thursday after the company released its fiscal fourth-quarter earnings results prior to the opening bell.

Late in the day, the stock had surged more than 24 percent and was trading at $23.92.

Travelzoo reported net income for the fourth-quarter of $3.8 million or $0.24 per share, compared to $6.4 million or $0.40 per share, in the year ago period. This was ahead of Wall Street analysts' consensus earnings per share estimates of $0.22.

Revenue in the quarter was up 5 percent to $37.03 million versus $35.16 million last year. This missed consensus revenue estimates of $35.49 million.

Posted-In: Earnings News Guidance Intraday Update Movers Best of Benzinga


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