Travelzoo's revenue drops 8% in Q2 2017
Travelzoo reported revenue of USD 26.4 million and operating profit of USD 1.4 million for the second quarter of 2017. In constant currencies, revenue decreased by 8% year-over-year.
In constant currencies, revenue decreased by 8% year-over-year. Net income was $687,000, with EPS of $0.05, which includes income from discontinued operations of $54,000.
Asia Pacific business segment revenue decreased 20% year-over-year to $2.0 million. In constant currencies, revenue decreased 16% year-over-year. Operating loss for the second quarter was $1.2 million, compared to an operating loss of $1.2 million in the prior-year period.
As of June 30, 2017, Travelzoo had a worldwide unduplicated number of members of 29.3 million.
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