Travel Industry News - Financial

Travelzoo Inc., a global Internet media company, today announced financial results for the first quarter ended March 31, 2012, with revenue of $39.3 million, an increase of 6% year-over-year. Non-GAAP operating income was $9.6 million. Non-GAAP net income was $6.7 million, with non-GAAP earnings per share (non-GAAP EPS) of $0.42, up from non-GAAP EPS of $0.37 in the prior-year period. Non-GAAP operating income, non-GAAP net income and non-GAAP earnings per share exclude a $3.0 million charge related to our unexchanged merger shares.

Carlson Wagonlit Travel (CWT) recorded a 15 percent increase of its system wide sales to USD 28 billion and a 12 percent increase in company revenue to USD 1.9 billion.

System passenger traffic increased 17.2% as capacity rose 15.6%. As a result, the Company’s load factor for the month increased 1.2 points to 83.4%. International passenger traffic accounted for approximately 65.5% of the month’s total passenger traffic.

Fourth quarter worldwide car rental revenues of $1,695.2 million, on record transaction days; worldwide equipment rental revenues increased 11.1% YOY; U.S. HERC fourth quarter rental rate revenue increased 15.5% YOY.

Travelzoo Inc., a global Internet media company, today announced financial results for the third quarter ended September 30, 2011, with revenue of $38.7 million, an increase of 40% year-over-year. Operating profit was $9.2 million, up 62% year-over-year. Net income was $5.9 million, with diluted net income per share (EPS) of $0.36, up from $0.22 in the prior-year period.

Travelzoo Inc., a global Internet media company, today announced financial results for the second quarter ended June 30, 2011, with revenue of $37.6 million, an increase of 34% year-over-year. Operating profit was $7.6 million, up 29% year-over-year. Net income was $4.9 million, with diluted net income per share (EPS) of $0.30, up from $0.20 in the prior-year period.