Why Travelzoo (TZOO) Stock Is Down Today

NEW YORK (TheStreet) -- Travelzoo  (TZOO) stock is down -6.53% to $17.75 after the company reported net income for the second quarter of $7.9 million or 54 cents per share, compared to $5.2 million or 34 cents per share in the same quarter a year ago.

Adjusted net income for the second quarter was $4.4 million or 30 cents per share, compared to $5.2 million or 34 cents per share in the comparable quarter in 2013.

Revenue for the latest second quarter declined 11% to $36.88 million from $41.33 million a year ago.

On average, two analysts polled by Thomson Reuters expected the company to earn 29 cents per share on revenue of $39.58 million for the second quarter.

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