Travelzoo reported a slight decrease in revenue but an increase in net income per share for Q3 2024. The company's North America segment saw a revenue decrease, while the Europe segment experienced a slight increase. Travelzoo is focusing on expanding its membership base and offering exclusive deals to its members.
Revenue decreased by 2% year-over-year to $20.1 million.
Consolidated operating profit was $4.0 million.
Earnings per share (EPS) reached $0.26.
The company repurchased 552,679 shares of its outstanding common stock during the quarter.
Travelzoo anticipates revenue growth and higher profitability for Q4 2024, followed by substantial revenue growth in 2025 due to membership fees.
Visualization of income flow from segment revenue to net income
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