An announcement from Travelzoo ( (TZOO) ) is now available.
Travelzoo, a travel club, reported a slight 2% decrease in third-quarter revenue for 2024 to $20.1 million, while net income rose to $3.2 million, reflecting a robust EPS of $0.26 compared to $0.16 last year. The company’s diversified revenue streams, including advertising, commissions, and membership fees, contribute to its financial stability. Despite a revenue dip in North America, Europe showed growth, and Jack’s Flight Club, a membership service, saw an 11% increase in revenue. Travelzoo remains optimistic about future revenue growth, particularly from new membership fees.
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