trending Market Intelligence /marketintelligence/en/news-insights/trending/SGqkLsLQzCJM2ZHBU3WTAw2 content esgSubNav
In This List

George Risk Industries fiscal Q3 profit falls YOY

Podcast

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

Blog

Broadcast deal market recap 2021

Blog

Europe: 5 key OTT trends to watch in 202

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


George Risk Industries fiscal Q3 profit falls YOY

George Risk Industries Inc. said its normalized net income for the fiscal third quarter ended Jan. 31 was 14 cents per share, a decrease of 12.2% from 15 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 $685,000, a decrease of 12.3% from $781,250 in the prior-year period.

The normalized profit margin fell to 25.6% from 27.6% in the year-earlier period.

Total revenue decreased 5.2% year over year to $2.7 million from $2.8 million, and total operating expenses grew on an annual basis to $2.0 million from $2.0 million.

Reported net income fell 10.1% year over year to $635,120, or 13 cents per share, from $706,510, or 14 cents per share.