The stock price was already up by 20%+ before the earnings call. The numbers alone did it, though I'm not quite sure why they were received to positively. A $0.02 beat is not that spectacular, and revenue and subscriber growth was anemic.
thats a good point, I think it looks like things are turning around in TZOO and Europe being up big I think was a big surprise. With PCLN recently buying Kayak and now EXPE on the prowl has got it moving up. The best fit would be Facebook buying it. Think about it, theyd give daily updates on facebook and youd click to get the deal. Seems like a great fit to me.