Revenue Update on Travelzoo(NASDAQ:TZOO)

Travelzoo(NASDAQ:TZOO) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $34.05M. Analysts estimated a revenue of $32.88M. Earnings per share were $0.14. Analysts had estimated an EPS of $0.05.

Travelzoo (TZOO) shares turned negative on Thursdays trading session with the shares closing down -0.16 points or -1.45% at a volume of 34,441. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $11.11. The peak price level was also seen at $11.11 while the days lowest was $10.81. Finally the shares closed at $10.86. The 52-week high of the shares is $11.11 while the 52-week low is $6.63. According to the latest information available, the market cap of the company is $153 M.

Several Insider Transactions has been reported to the SEC. On Jul 7, 2015, Ralph Bartel (director 10% owner) purchased 200,000 shares at $10.89 per share price.Also, On Jul 7, 2015, Bartel 2005 Trust Ralph (10% owner) purchased 200,000 shares at $10.89 per share price.On Jul 7, 2015, Holger Bartel (Chairman of the Board) sold 200,000 shares at $10.89 per share price, according to the Form-4 filing with the securities and exchange commission.

Travelzoo Inc. (Travelzoo) is a global Internet media company. The Company informs its audience about travel entertainment and local deals available at over 2000 companies. The Company has two operating segments based on geographic regions: North America and Europe. North America consists of the Company’s operations in Canada and the United States. Europe consists of its operations in France Germany Spain and the United Kingdom. The Company’s publications and products include the Travelzoo Websites such as and among others; the Travelzoo iPhone and Android applications; the Travelzoo Top 20 e-mail newsletter and the Newsflash e-mail alert service. It operates SuperSearch which is a pay-per-click travel search tool and the Travelzoo Network which is a network of third-party Websites that list deals published by Travelzoo.

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