Internet media company Travelzoo Inc. (TZOO: Quote) reported net income for the fourth quarter of $3.8 million or $0.24 per share, compared to $6.4 million or $0.40 per share for the year-ago quarter.
Revenue for the fourth quarter rose 5% to $37.03 million from $35.16 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $0.22 per share on revenue of $35.49 million for the fourth quarter.
Travelzoo had a total unduplicated number of subscribers in North America and Europe of 22.5 million as of December 31, 2012, up 5% from December 31, 2011.
Travelzoo shares are currently trading at $23.24, up $4.03 or 20.97%.
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by RTT Staff Writer
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