October 31, 2013 in Business

Ambassadors Group earnings report

 
Stock symbol: EPAX
Reporting period: 3Q
Earnings:

Loss of $1.6 million

(10 cents per share)

Versus 3Q 2012:

Profit of $5.5 million

31 cents per share

3Q revenue: $46.9 million

Total revenue just for travel programs.

Analysis: The company had 8,140 paying travelers in the quarter compared to 8,300 during the prior year quarter. That drop was primarily due to lower counts in Student Ambassadors programs, said acting CEO Tony Dombrowik.

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