February 9, 2012 in Business

Earnings: Spokane-based student travel company

 
Stock symbol: EPAX
Reporting period: 4Q
Earnings: Loss of $7.8 million

(45 cents per share)

Versus 4Q 2010: Loss of $2.9 million

(36 cents per share)

Revenue: $155 million for 2011 fiscal year vs. $162 million for 2010
Analysis: CEO Jeff Thomas said travel programs for 2011 totaled 10 percent fewer travelers. That decline added to higher air travel costs accounted for the decline in overall revenue, he said.
No comments on this story so far. Add yours!

    You must be logged in to post comments.
    Please create a profile or log in here.