Welcome to our dedicated page for TRAVELZOO news (Ticker: TZOO), a resource for investors and traders seeking the latest updates and insights on TRAVELZOO stock.
Travelzoo (NASDAQ: TZOO) delivers curated travel experiences and digital commerce solutions through its global network of travel partners. This news hub provides investors and industry observers with essential updates about the company's strategic initiatives, financial performance, and market position.
Access real-time announcements including quarterly earnings, partnership developments, and operational updates across Travelzoo's core segments: North American operations, European markets, Jack's Flight Club subscriptions, and Asia-Pacific licensing agreements. Each release is verified for accuracy and relevance to stakeholder interests.
The curated collection features updates on digital innovation in travel commerce, exclusive deal launches, and leadership decisions impacting the company's global footprint. Regular updates ensure comprehensive tracking of TZOO's unique position at the intersection of media publishing and travel technology.
Bookmark this page for streamlined access to official communications and third-party analyses. Combine our news feed with Travelzoo's SEC filings and investor relations materials for complete due diligence capabilities in the dynamic travel commerce sector.
Travelzoo (NASDAQ: TZOO) has announced plans to hold a conference call on April 27, 2023, at 11:00 AM ET to discuss its financial results for the first quarter ending on March 31, 2023. A press release detailing these results will be published before the market opens on the same day. Investors can access the live webcast of the conference call through the company's investor relations page, and an archive will be available shortly after. Travelzoo continues to provide exclusive offers and experiences to its 30 million members, leveraging partnerships with over 5,000 top travel suppliers.
Travelzoo (NASDAQ: TZOO) reported a revenue increase of 36% year-over-year, reaching $18.6 million for Q4 2022, with a 42% rise in constant currencies.
Net income attributable to continuing operations was $2.5 million, resulting in EPS of $0.20, compared to a loss of ($0.27) the previous year.
Non-GAAP operating profit stood at $4.8 million. Travelzoo's North America revenue surged 53% to $13.1 million, while Europe saw a 9% increase to $4.7 million.
Looking ahead, the company expects continued revenue growth and profitability in Q1 2023.
Travelzoo (NASDAQ: TZOO) is set to release its financial results for Q4 2022 on March 22, 2023, before the market opens. A conference call will occur at 11:30 AM ET to discuss these results. This followed a successful operation that includes partnerships with over 5,000 travel suppliers, providing exclusive offers to its 30 million members. The earnings conference call will be accessible via a live webcast, which will also be archived for later viewing.
Travelzoo (NASDAQ: TZOO) has updated its revenue guidance for Q4 2022, projecting approximately $18.5 million, reflecting a 31% year-over-year increase. The company notes that its revenue trend is distinct from travel suppliers, as it capitalizes on the demand shift post-pandemic. CEO Holger Bartel stated that improved offers are driving accelerating revenue growth. Travelzoo connects its 30 million members with exclusive deals through partnerships with over 5,000 travel suppliers.
Travelzoo® (NASDAQ: TZOO) has achieved the highest ranking for consumer satisfaction in the travel offers category, awarded by FOCUS-MONEY magazine in Germany. This marks the fourth consecutive year that Travelzoo received this honor in a survey assessing 632 digital brands. Over 96,000 readers participated in the survey. Additionally, Travelzoo was recognized in another survey by BILD Zeitung, receiving a 'Top Preis-Leistung' rating. These accolades highlight Travelzoo's commitment to providing exceptional value to its 30 million members worldwide.
Travelzoo (NASDAQ: TZOO) reported Q3 2022 revenue of $15.8 million, up 1% year-over-year. In constant currencies, revenue grew to $16.7 million, a 6% increase. The company achieved a non-GAAP operating profit of $1.1 million with EPS of $0.06, down from $0.22 in Q3 2021 due to prior income effects. North America revenue rose 9% to $10.5 million, while Europe fell 14% to $4.5 million. Cash reserves totaled $20.5 million, and the company anticipates improved performance in Q4 2022.
Travelzoo (NASDAQ: TZOO) will discuss its financial results for Q3 2022 on a conference call scheduled for October 26, 2022, at 11:00 AM ET. The company will release its financial results before the market opens on the same day. Travelzoo provides exclusive offers and experiences to its 30 million members through partnerships with over 5,000 travel suppliers. The call will include a live webcast accessible via Travelzoo's investor relations website, with an archived version available post-call.
Jack's Flight Club, owned by Travelzoo (NASDAQ: TZOO), has seen a remarkable 25% rise in global premium memberships since August 2021, with U.S. membership soaring by 413%. As of August 2022, it boasts over 1.8 million members globally. The service, which helps travelers find the best airfare deals, has saved members more than $100 million, averaging $515 in savings per long-haul trip. Amid rising airfare prices, Jack's Flight Club's value proposition continues to grow.
