Travelzoo Inc. (TZOO) reported net income for the first quarter of $5.6 million or $0.36 per share, compared to $3.7 million or $0.23 per share for the year-ago quarter.
Excluding items, adjusted earnings per share for the first quarter was $5.6 million or $0.36 per share, compared to $6.7 million or $0.42 per share in the prior year period.
Revenue for the first quarter rose 7% to of $42.18 million from $39.33 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $0.34 per share on revenue of $41.23 million for the first quarter. Analysts' estimates typically exclude special items.
Travelzoo shares are currently trading at $23.98, up $2.25 or 10.35%.
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