Travel Industry News - Financial

Travelzoo Inc., a global Internet media company, today announced financial results for the first quarter ended March 31, 2013, with revenue of $42.2 million, an increase of 7% year-over-year. Operating profit was $8.0 million. Net income was $5.6 million, with earnings per share of $0.36, up from $0.23 in the prior-year period. Non-GAAP earnings per share was $0.36, down from $0.42 in the prior-year period.

Revenue of $37.0 million, up 5% year-over-year - Net income of $3.8 million, down 42% year-over-year

Sweden is likely to stay predominantly in the hands of Nordic brands, which are well known to domestic visitors.

Air-travel resilience, stable demand should support funding for $104 billion in 2013 deliveries

International capacity rose 2.2% year-over-year and the load factor rose 0.8 percentage points to 78.3%.

From January through October 2012, ticket sales totalled $73.7 billion, compared to $71 billion in 2011, and $67 billion in 2010.

Operating income was $4.2 million, down 55% year-over-year. Net income was $3.4 million, with earnings per share of $0.22, down from $0.36 in the prior-year period.

Travelzoo expects to report revenues in the range of $35.0 million to $35.5 million for the third quarter ended September 30, 2012

Adjusted EBITDA for Diamond Resorts Parent, LLC and restricted subsidiaries1 increased $7.4 million, or 39.1%, to $26.5 million for the quarter ended June 30, 2012 from $19.1 million for the quarter ended June 30, 2011.

'We had a phenomenal third quarter, delivering the largest quarterly earnings in the history of our company'