Earnings: Ambassadors Group
Educational travel company
Stock symbol: EPAX |
Reporting period: 3Q |
Earnings: $5.5 million,
31 cents per share
Versus 3Q 2011: $6 million, 34 cents per share |
Revenue: $52.7 million |
Analysis: Gross margin for the quarter was $19 million, down from $23.3 million in the third quarter of 2011 primarily because of a revenue decline. The company booked 8,300 travelers in the quarter, a 16 percent drop. |