Travelzoo Q2 Adj. Profit Tops View

(RTTNews) - Travelzoo Inc. (TZOO) reported net income for the second quarter of $7.9 million or $0.54 per share, compared to $5.2 million or $0.34 per share in the prior year quarter.

Adjusted net income for the second quarter was $4.4 million or $0.30 per share, compared to $5.2 million or $0.34 per share in the comparable quarter last year.

Revenue for the latest second quarter fell 11% to $36.88 million from $41.33 million a year ago.

On average, two analysts polled b y Thomson Reuters expected the company to earn $0.29 per share on revenue of $39.58 million for the second quarter.