Unifi Inc. said its normalized net income for the fiscal second quarter ended Dec. 28, 2014, was 42 cents per share, compared with the S&P Capital IQ consensus estimate of 38 cents per share.
EPS increased 21.9% year over year from 35 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $7.9 million, a gain of 15.1% from $6.9 million in the prior-year period.
The normalized profit margin climbed to 4.9% from 4.3% in the year-earlier period.
Total revenue climbed on an annual basis to $163.1 million from $160.6 million, and total operating expenses totaled $153.3 million, compared with $154.2 million in the year-earlier period.
Reported net income grew 47.5% from the prior-year period to $9.4 million, or 50 cents per share, from $6.4 million, or 32 cents per share.
