Oct. 29 at 1:34 PM
Noble Capital Markets Research Report: Travelzoo (
$TZOO) – Hits A Little Turbulence On Its Ascent
Softer than expected Q3 Results. The company reported Q3 revenue of
$22.2 million, an increase of a solid 10.4%, and adj. EBITDA of
$0.9 million, both of which were below our estimates of
$23.0 million and
$2.9 million, respectively. Importantly, the modestly softer than expected results were largely driven by weakness in advertising and increased marketing spend on customer acquisition.
Read more: https://www.channelchek.com/news-channel/travelzoo-tzoo-hits-a-little-turbulence-on-its-ascent
