you is and today. website. our along with Michelle, welcome us the presentation presentation of The available format remarks. those to in to joining management you, PDF on our follow open Please Relations Thank Investor prepared
the constant the more efficiently. X to quarter grew up in operated we Number nominal financial $XXX,XXX quarter. and up improve revenue in as terms highlights for continue million, – metrics provides X.X% was Travelzoo's the metrics Slide currencies. year-over-year key revenues All financial $XX.X and for
the Our quarter diluted share earnings per for $X.XX. were
number social global XXX,XXX media members downloads up of to our Our grow. was followers And app year-over-year. million, XX.X continued and mobile
local by a increase terms X% our segment. in was currency. in year-over-year Revenue revenue nominal X% details business Revenue was of in increase X%. and of year-over-year Slide in of $X.X million, increase X a year-over-year North America an Europe $XX.X million,
businesses Pacific. nominal in currency. and is performance North $X X, core America Europe. business highlight good of decreased would On XX% development like our positive our XX% million and less Revenue less to by $X.X year-over-year our Asia local core Pacific in million, performance from is in the to in business we Very Slide masked in which terms in Asia
revenues, smaller Asia of Asia income much operating as running growing Europe and a from results at business, operating effective rate in margins businesses are from used keep to currently and also operating core This taxable high in Earnings Asia in XX the corporate for Pacific and North Europe. would in shrink. North mind, were margins. decrease and are rate months losses XX%. share result America Please operating In tax losses in level, our consolidated annual earnings, which Pacific profits offset are Pacific $X.XX. On those per an trailing EPS at on income in from and a losses America not
shows something X allow in more we success. for Slide EPS margins us brand member important very grow higher growth. Increasing even future while to believe revenue and and investing our marketing is
fixed with operate As business a costs. reminder, we mostly a
EPS. result proportionally revenues higher So in increase much in larger a
The next to detail X cover our Slide revenue shows each year-over-year million. North of X% three few segments. travel revenues for products slides increased our business of America from $XX.X our
Our million. local XX% year-over-year $X.X revenue to decreased
been increased year-over-year from $X.X grew new Turning million In currencies, vacations our In revenues products have million. from result currencies, million. X, $X.X a to XX% products. an $X.X constant Slide constant would revenue travel revenue in of our increase to Europe as
year-over-year. revenue local Our decreased XX%
a was On do We $X.X in from see period. Slide see Pacific not Asia you revenue trend. the million year X, as prior million, $X down this
XXXX. the also to quarter fourth expect in and from revenue grow in We China
Operating Income of income operating $XXX,XXX. The operating provides operating generated combined profits North a in breakdown $X.X were income generated an and year-over-year. net of of $XXX,XXX. profit resulting taxes million. operating $X.X increase $XXX,XXX Slide income, of million million America XX million, XXX% loss of segment Pacific's of was to million largely $X.X in by of increased total of income. offset $X.X $X.X resulting profits Asia Europe our
XX to year, decreased entire not of spite of seasonally margin percentage earnings the in revenue Asia the indicative smallest our Pacific, the are weakest margin. year. of our Slide and overall our jumped cost as of revenues and operating quarter In the Cost a XX.X% operating X% the third lowest of and year-over-year. quarter. shows revenue to of Historically, in the revenue
company- Our a lower wide X.X% to increased of expenses. from operating margin as X.X% result operating
expenses of in firm Operating XX All North Europe expenses a operating China. Pacific expenses the presents our segments. Asia in more particularly America. the in as Spain expenses with project we in and in strategy expenses of increased project were increased consulting top in to the France. member Operating Slide completion in decreased acquisition, QX. by Operating invested due costs
to productivity shows increased compared XX year. the of the organization prior Slide
was Moving stock. repurchases to on million. common Slide make Cash balance XX. of generated a to the quarter ended of We with used Travelzoo cash $XX.X
are more summary management North company improved Slide Europe, we in the Revenue XX provides of margins and income in businesses XX% than not target. Operating our as at our our were doubled. and yet and performance a XX% but sees Europe North America core net America it. growth at
increased Our XX%. operating profits by
repurchases. enabled cash-generating Our business us to make share
QX, Looking year. revenue be quarters growth For previous the than higher expect we forward, this to expect in we following:
quarter XXXX. We operating and also increase profits fourth versus margins to expect of the
other from expanded particularly from we As the Europe North product extend offering. and the regions, expect we benefit U.S., our to vacation America, into
our revenue focus in expect from especially Pacific we to on. Asia increase, where revenue China, will We
we our in will in next growth. For us growth member invest in rate grow further we to which to than and higher improve to see XX% allow to even and XXXX, continue margin marketing year, closer revenues more overall operating an though plan EPS
becoming Pacific Travelzoo's tourism relevant global explain an Asia on and more brand service Holger consumers in you provide why our will and is and we business the for update believe Now industry.
