Travelzoo's revenue drops 9% in Q3 2017
Travelzoo reported revenue of $24.7 million and operating profit of $18,000 for the third quarter of 2017. In constant currencies, revenue decreased by 9% year-over-year.
In constant currencies, revenue decreased by 9% year-over-year. Net loss was $576,000, with earnings (loss) per share of $(0.05).
Asia Pacific business segment revenue decreased 31% year-over-year to $1.8 million. In constant currencies, revenue decreased 28% year-over-year. Operating loss for the third quarter was $1.7 million, compared to an operating loss of $798,000 in the prior-year period.
As of September 30, 2017, Travelzoo had a worldwide unduplicated number of members of 29.5 million.
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