trending Market Intelligence /marketintelligence/en/news-insights/trending/JPwKR7mmtjIEgUeVY9Ygkw2 content esgSubNav
In This List

Quality & Reliability ABEE swings to profit in Q1


Tudor, Pickering, Holt & Co. Research Now Available

Case Study

A University Adds Aftermarket Research to Its Student Toolkit


Christopher & Banks Corporation – tracking the early-warning signals of credit risk


Next in Tech | Episode 83: (Re)Building the Digital Workplace

Quality & Reliability ABEE swings to profit in Q1

Quality & Reliability A.B.E.E said its first-quarter normalized net income was €20,190, compared with a loss of €285,130 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 2.2% from negative 41.3% in the year-earlier period.

Total revenue climbed 33.9% on an annual basis to €923,930 from €689,850, and total operating expenses declined 28.2% from the prior-year period to €805,020 from €1.1 million.

Reported net income totaled €3,130, or 0 cents per share, compared to a loss of €461,240, or a loss of 2 cents per share, in the year-earlier period.