Travelzoo shares slide on fall in quarterly revenue

Travelzoo

27/07/2022 15:43

** Shares of online travel deals company Travelzoo Inc
 TZOO.O  fall as much as 13.2% to a more than one-month low of
$5.70      
    ** Q2 revenue drops 7% to $17.7 mln; expectations for Q2
revenue stood at $20.2 mln, according to three analysts polled
by Refinitiv
    ** Q2 net income from continuing operations also falls to
~$1 mln from ~$3 mln a year earlier  urn:newsml:reuters.com:*:nGNX1bN82K
    ** Stock last down 11.4% and set for its biggest one-day pct
fall since March, if losses hold
    ** With Wednesday's losses, TZOO down nearly 40% this year

 (Reporting by Uday Sampath in Bengaluru)
 ((UdaySampath.Kumar@thomsonreuters.com; Twitter: https://twitter.com/sampath_uday
  ;))