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Jun 30, 2023
Travelzoo Q2 2023 Earnings Report
Reported an increase in revenue and operating profit year-over-year.
Key Takeaways
Travelzoo reported a strong second quarter in 2023, with a 19% increase in revenue year-over-year, reaching $21.1 million. The company's consolidated operating profit was $3.3 million, with a non-GAAP operating profit of $4.2 million. Earnings per share (EPS) stood at $0.17.
Revenue increased by 19% year-over-year, reaching $21.1 million.
Consolidated operating profit was reported at $3.3 million.
Non-GAAP consolidated operating profit amounted to $4.2 million.
Earnings per share (EPS) reached $0.17.
Revenue by Segment
Forward Guidance
Travelzoo anticipates continued year-over-year growth in both revenue and operating profit for Q3 2023, with expectations of maintaining relatively low fixed costs.
Positive Outlook
- Expect growth in revenue year-over-year.
- Expect growth in operating profit year-over-year.
- Ability to lower fixed costs during the pandemic.
- Belief that fixed costs can be kept relatively low in the foreseeable future.
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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