trending Market Intelligence /marketintelligence/en/news-insights/trending/7KLj5uGFyIxLuSerixMtRg2 content esgSubNav
In This List

Tassal Group profit beats consensus by 56.3% in fiscal H1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Tassal Group profit beats consensus by 56.3% in fiscal H1

Tassal Group Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2014, came to 18 Australian cents per share, compared with the S&P Capital IQ consensus estimate of 12 cents per share.

EPS rose 34.6% year over year from 13 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was A$26.8 million, a gain of 34.7% from A$19.9 million in the prior-year period.

Total revenue increased 12.3% on an annual basis to A$149.6 million from A$133.2 million, and total operating expenses grew 6.0% from the prior-year period to A$104.9 million from A$99.0 million.

Reported net income increased 34.7% from the prior-year period to A$30.3 million, or 21 cents per share, from A$22.5 million, or 15 cents per share.