Investing.com - Travelzoo reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Travelzoo announced earnings per share of $0.06 on revenue of $15.80. Analysts polled by Investing.com anticipated EPS of $0.13 on revenue of $18.34M.
Travelzoo shares are down 27% from the beginning of the year, still down 57.01% from its 52 week high of $12.26 set on October 26, 2021.
Travelzoo follows other major Communication Services sector earnings this month
Travelzoo's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Verizon had beat expectations on Friday with third quarter EPS of $1.32 on revenue of $34.2B, compared to forecast for EPS of $1.29 on revenue of $33.78B.
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