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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