Fenix Outdoor International AG said its first-quarter normalized net income came to 47 euro cents per share, compared with the S&P Capital IQ consensus estimate of 35 cents per share.
EPS rose year over year from 47 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €6.3 million, a gain from €6.2 million in the year-earlier period.
The normalized profit margin dropped to 7.3% from 10.3% in the year-earlier period.
Total revenue increased 70.2% year over year to €101.8 million from €59.8 million, and total operating expenses increased 97.4% year over year to €98.3 million from €49.8 million.
Reported net income fell 18.1% from the prior-year period to €5.9 million, or 45 cents per share, from €7.2 million, or 54 cents per share.
