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Shares of Travelzoo (TZOO -8.6%) slide after it misses on Q4 revenue estimates, despite a 23%...
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Thursday, January 26, 2012, 12:54 PM ETShares of Travelzoo (TZOO -8.6%) slide after it misses on Q4 revenue estimates, despite a 23% Y/Y jump in earnings. The online publisher of travel and entertainment deals actually saw double-digit subscriber and revenue growth, particularly in Europe, but gross margins bit into its bottom line, falling to 89.5% from 92.1%.
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