trending Market Intelligence /marketintelligence/en/news-insights/trending/8xvpT3Gfdq1ZojgFTO0wjQ2 content esgSubNav
In This List

Geox Q2 loss narrows YOY

Blog

Global M&A By the Numbers: Q3 2021

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data


Geox Q2 loss narrows YOY

Geox SpA said its second-quarter normalized net income was a loss of 4 euro cents per share, compared with a loss of 4 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of €9.5 million, compared with a loss of €11.9 million in the year-earlier period.

The normalized profit margin climbed to negative 6.5% from negative 9.0% in the year-earlier period.

Total revenue rose 10.8% on an annual basis to €145.9 million from €131.7 million, and total operating expenses rose 7.0% on an annual basis to €159.4 million from €149.0 million.

Reported net income came to a loss of €11.5 million, or a loss of 4 cents per share, compared to a loss of €13.9 million, or a loss of 5 cents per share, in the year-earlier period.