everyone, joining Thank and for Holger us today. you,
For results, then will the review an I call, initiatives. provide business on and update our Holger quarter third format of our today's financial will
the open Thereafter, we session. question-and-answer for will call our
is open our with management on Now along please Relations presentation, available to Investor follow which website our our remarks. prepared
key for the highlights financial quarter. to the Now provides turn which let's X, Slide
or constant down Our revenue in year-over-year for the X% X% $XX.X quarter down was currencies. million,
was $X.XX by lower larger the Our Asia. loss a diluted from driven year-over-year, earnings loss, revenues down this share operations a per continuing and quarter in
than America to by was year-over-year million, Revenue and highlights media of our our were the as revenue our in Slide we Revenues North products XX, this mobile next website of XX%. the And our Revenues constant X shrank in Europe million, decrease segments. revenue better X%, revenue million and a new Top from in shows the each our of hitting platform platform. quarter. of last XX.X a to increase. million. million, decrease Our segment. detail in voucher members further grew Pacific responsive social on core year-over-year representing $X.X was our our year-over-year increased representing during of is year-over-year, our products, the by followers hurricanes slides currency pullback from X currency our parts $XX the app by amount revenue hotel cover more X was few Asia hotel continue which Slide decrease offset least from Revenues yet Revenue Getaway U.S. America our $XX X local downloads sales, of also of constant The focused large by a the over X from for was impacted representing year-over-year and and Caribbean X%. $X.X quarter. North years.
lower Turning season On of generated Europe to overall lower deals provide lost region. new be is expected, income. more time Asia in than taking Japan. revenues to we and customer Pacific a on affected We industry we revenue America where revenue a in offers much $X.X and of in $XXX,XXX while year-over-year. North from general grow we breakdown Australia, operating as to up was Yet as of profitability million income. operating the in the Slide X, X were bankrupt for the Hong than our Europe generated revenues a increased income. breakeven in sourcing which ago, challenging Slide by sales large Slide operating hired quarter, saw $X.X were continued team, million, X. scale year it Kong managers, our
This percent XX%. due any unusual was drove The by margin. not cost Asia America approximately income, presents by revenue benefit. cost Pacific and the flat, spite improved operating with by Asia. small better, a having seasonality. our the taxes $XXX,XXX profit, The rate shows net operating from our due Europe revenue margin tax and in by of North us of expenses In $X.X million. Pacific effective continued income of operating XX income. down, X is XX of losses the tax driven slight in point as Slide that recorded to of operating Slide our Overall, operating cost an productivity X increases of Asia revenue geographic Slide segment. to the to loss decreased to with Asia. doing expenses of investments operating distribution offset negative shows remained
hires, also We quarter. new versus prior headcount increased made with some investments in
longer million exited was onto We million. continued of offset Slide related $XX.X a by repurchases, collection Moving was Fly.com solid cycle our quarter discontinued products. SuperSearch totaled cash was cash the improved, outside positive, of flow stock to million, runoff by held customer which was the $X.X that U.S. driven our Operating which the position XX. a of $XX.X and which with DSO
Turning to core particularly financial remains travel Slide our North positive America, in products. the XX. In performance in summary,
However, generated Asia Pacific operating losses.
flat into Asia and Our and product investing marketing. operating our costs our savings have by remained
addition, In stock solid cash we despite maintained repurchases. position a have continued
have quarter, we Looking revenue, quarters. several in for year-over-year over expect the as last forward, similar we we fourth expect experienced following, the the changes
XXXX, products. revenue However, expanded we're from increase mainly return growth in revenue aiming an by in our driven to in offerings to travel
planning marketing maintain we We and our will Pacific, and member $X.XX. reduce to Asia year-over-year increased spend, in plan China, by acquisition are member particularly to which EPS the and in investments maintain approximately
compared certain expenses of We for expect QX to additional quarter expenses. nonrecurring $XXX,XXX the during
operating these in various bookings year-over-year lower on an purchases X XX term, Holger income investments, months. summary, the to short underway but update in by and the to in will drive provide members still we you revenues trends in initiatives next our expect So and given
our we are steps expanded apps; removal through our member all our business well does our third quarter increasing enhanced of position taking, steps Travelzoo area growth the our members hotels, vacations and the focus including websites businesses cost summary concludes of as future on the positive with This all areas the of travel in to industry noninvestment have and on the to global activities; of productivity focused us our and for way we as our global collectively We continue take and operate of unprofitable help resources. long-term which focus them We in in acquisition, our continued work brand; to believe prospects. our the our financial local growth engage our of control resources on XXXX. investment in, our we offerings
to Travelzoo's provide aimed drive growth. business will Holger Now you update an on initiatives
