TZOO shares drop
Wednesday, April 25, 2007
Shares of TZOO fell 23% to 28.16 today after company said Tuesday its first-quarter earnings remained flat, due mostly to increased customer acquisition and marketing costs.For the quarter ending March 31, Travelzoo's net income remained almost flat year-over-year at $4.1 million. The profit translated to 25 cents per share, a cent more than in the same period last year, due to a smaller number of company shares outstanding.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.