February 7, 2013 in Business

Earnings: Ambassadors Group, Spokane-based travel program provider

 
Stock symbol: EPAX
Reporting period: 4Q
Earnings:

Loss of $10 million

(58 cents per share)

Versus 4Q 2011:

Loss of $7.8 million

(45 cents per share)

Full 2012 revenue: $139.9 million

Compared to $155.1 million in 2011.

Analysis: CEO Jeff Thomas said the company cut expenses by $5.9 million and helped “protect our profitability in the face of an 11 percent decline in total delegates traveled for the year.”

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