The earnings call highlighted increased operating profit and growth in the European segment and Jack's Flight Club, indicating operational efficiencies and strategic growth. However, the overall revenue decline and challenges in the North American market due to delayed advertiser spending present concerns. The positive developments in profitability and specific segments are somewhat offset by the revenue shortfall and market-specific issues.
Company Guidance
During the Travelzoo Q3 2024 earnings call, the company provided guidance reflecting both challenges and opportunities. The consolidated Q3 revenue was reported at $20.1 million, a 2% decrease from the previous year, with operating profit increasing by 30% to $4 million, representing 20% of revenue. The company anticipates substantial revenue growth in 2025 due to the introduction of a membership fee, which was initially exempt for legacy members but will be mandatory in 2025. They also reported operating cash flow of $5.3 million with a cash position of $12.1 million as of September 30, 2024. Travelzoo expects revenue growth and higher profitability in Q4 2024, albeit at a slower pace than in 2023, with a focus on converting legacy members to paying members by January 1, 2025. Additionally, Jack's Flight Club saw a revenue increase of 11% to $1.2 million and a 14% rise in premium subscribers in Q3, with continued growth expected into Q4 2024 and 2025.
Increase in Operating Profit
Operating profit increased by 30% year-over-year to $4 million, which is 20% of revenue, compared to $3.1 million in the prior year.
Europe Segment Profit Growth
The European segment showed increased profitability with operating margins rising to 17%.
Jack's Flight Club Revenue Growth
Jack's Flight Club reported a year-over-year revenue increase of 11% to $1.2 million and a 14% increase in premium subscribers.
Strong Cash Position
Operating cash flow was $5.3 million, maintaining a solid cash position of $12.1 million as of September 30, 2024.
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Travelzoo (TZOO) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TZOO Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 23, 2024
$12.93
$14.60
+12.92%
Jul 25, 2024
$8.71
$9.35
+7.35%
Apr 24, 2024
$9.33
$8.58
-8.04%
Feb 28, 2024
$9.60
$8.92
-7.08%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Travelzoo Inc (TZOO) report earnings?
Travelzoo Inc (TZOO) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Travelzoo Inc (TZOO) earnings time?
Travelzoo Inc (TZOO) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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