Travelzoo Stock Plunges on Q3 Miss, Revenue Weakness in North America

Travelzoo Stock Plunges on Q3 Miss, Revenue Weakness in North America
Delta Airlines aircraft lands in Los Angeles International Airport in Los Angeles on May 1, 2021. John Fredricks/The Epoch Times
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Travelzoo (TZOO) reported third-quarter FY21 revenue growth of 14 percent year-on-year to $15.7 million, missing the consensus of $20.5 million.

Business segment revenue increased 6 percent Y/Y to $9.7 million in North America and rose 43 percent to $5.2 million in Europe.