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Travelzoo Q1 Earnings Flat; Misses Estimate - Update [TZOO]

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4/24/2007 8:32:53 PM Tuesday, Travelzoo Inc. (TZOO), an Internet media company, announced financial results for its first quarter of 2007, reporting earnings that remained flat compared last year due to higher subscriber acquisition and in marketing costs.

The New York-based company posted first quarter of 2007 net income of $4.1 million or $0.25 per share, compared to $4.1 million or $0.24 per share in the prior year quarter. On average, 5 analysts polled by First Call/Thomson Financial expected the company to earn $0.32 per share for the first quarter.

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