Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Travelzoo's Q4 Performance Lags Street View; Sees Return To Profitability In Q1 2022

Travelzoo TZOO Europe Global North America Omicron
  • Travelzoo (NASDAQ:TZOO) reported fourth-quarter FY21 revenue growth of 13% year-on-year to $14.1 million, missing the consensus of $18.2 million.
  • Business segment revenue decreased 3% Y/Y to $8.6 million in North America and rose 77% to $4.8 million in Europe.
  • Jack's Flight Club revenue declined 13% Y/Y to $0.803 million.
  • EPS loss of $(0.25) missed the consensus of $0.13.
  • Travelzoo used $17.4 million in operating cash flow and held $45 million in cash and equivalents.
  • "The surge of the Omicron variant and related increased safety measures during Q4 2021 affected our reported revenue and operating income," said Holger Bartel, Global CEO. "We believe this to be a short-term effect. We expect the Company's financial performance to significantly improve in 2022."
  • Outlook: Travelzoo sees substantially higher revenue and a return to profitability in Q1 2022.
  • Price Action: TZOO shares closed higher by 1.78% at $9.74 on Wednesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Does gum really take 7 years to digest?
Gum is full of non-food items, like resins, emulsifiers and softeners. So what happens when we swallow a piece?
LiveScience
LiveScience
Why do I poo in the morning? A gut expert explains
No, you’re not imagining it. People really are more likely to poo in the morning, shortly after breakfast. Researchers have actually studied this.
The Conversation
The Conversation
The Dark Side of Alexander Hamilton
The first treasury secretary's plans would have created cartels that mainly benefited the wealthy at the expense of small competitors.
Reason
Reason
Dating apps took over my life – so I ditched them and learned to live in the moment
I used to remove myself from experiences in favour of chasing matches. Now I’m fulfilled by the company of real people, says freelance writer Anya Ryan
The Guardian - UK
The Guardian - UK
Miranda Lambert's porch color offers a unique selling point that improves curb appeal, according to experts
The country musician contrasts rustic, wood porch details with gray-painted floorboards – a move that experts say is a win
Homes & Gardens
Homes & Gardens
DNA data preserved in amber-like polymer by MIT scientists — Jurassic Park inspires new long-term 'T-REX' preservation method
New DNA storage method based on Jurassic Park stores DNA in an amber-like polymer. Unlike previous styles which freeze DNA or embed it in silica, the amber method is easy to embed and extract, and is highly scalable.
Tom’s Hardware
Tom’s Hardware
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play