Travelzoo (NASDAQ:TZOO)

WEB NEWS

Wednesday, March 22, 2023

Research

Travelzoo (NASDAQ:TZOO) ($4.58, $71.8m market cap), an Internet media company that provides travel, entertainment, and local deals from travel and entertainment companies, announced Q4 2022 results:

  • Sales of $18.6 million vs $13.6 million in the prior year; in line with analyst estimates of $18.3 million
  • EPS of $0.20 vs a loss of $0.27 in the prior year and doubling analyst estimates of $0.10

“Revenue growth accelerated in both North America and in Europe, leading to much stronger earnings," said Holger Bartel, Travelzoo's Global CEO. "As the recovery from the pandemic continues, we will leverage Travelzoo's global reach and trusted brand to further improve earnings in future periods."

For more background coverage that is available on Geo and to understand why we added the stock to our Swing Trade Model Portfolio, see contributor MSMicrocaps’ December 2, 2022 article on Travelzoo implying investors may have mis-analyzed the dilution of a transaction by not considering the meaningful value of acquired net operating losses (NOLs).



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