Greek Organization of Football Prognostics SA said its normalized net income for the second quarter amounted to 10 euro cents per share, compared with the S&P Capital IQ consensus estimate of 11 cents per share.

EPS fell 35.7% year over year from 15 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €31.0 million, a decrease of 35.7% from €48.2 million in the year-earlier period.

The normalized profit margin fell to 24.9% from 31.6% in the year-earlier period.

Total revenue declined 17.7% on an annual basis to €125.5 million from €152.5 million, and total operating expenses decreased on an annual basis to €71.4 million from €73.8 million.

Reported net income declined 36.4% from the prior-year period to €33.0 million, or 10 cents per share, from €51.9 million, or 16 cents per share.