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.

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