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Mar 31, 2023
Travelzoo Q1 2023 Earnings Report
Travelzoo's Q1 2023 results were released, showing revenue growth and increased profitability.
Key Takeaways
Travelzoo reported a 17% year-over-year increase in revenue to $21.6 million for Q1 2023. The company's EPS was $0.23, and non-GAAP operating profit reached $5.5 million. The North America segment saw significant revenue and operating profit growth, while Europe remained consistent. Travelzoo is focused on leveraging its global reach and relationships to provide exclusive offers to its members.
Revenue increased by 17% year-over-year to $21.6 million.
In constant currencies, revenue grew by 19% year-over-year to $22.1 million.
Non-GAAP consolidated operating profit was $5.5 million.
Earnings per share (EPS) reached $0.23.
Revenue by Segment
Forward Guidance
For Q2 2023, Travelzoo expects continued year-over-year growth in both revenue and operating profit. The company aims to maintain relatively low fixed costs.
Positive Outlook
- Expect growth in revenue
- Expect growth in operating profit
- Lowered fixed costs during the pandemic
- Aim to keep fixed costs relatively low in the foreseeable future
- Leveraging Travelzoo’s global reach
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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