trending Market Intelligence /marketintelligence/en/news-insights/trending/UCJ0TJFsA2wbyerl1Utm8Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Accelerize New Media Q1 loss narrows YOY

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

Strong Competition Remains For Thailand Digital Terrestrial TV Channel

ITU: Regulators discuss impacts of COVID-19 on policymaking


Accelerize New Media Q1 loss narrows YOY

CFN Enterprises Inc. said its normalized net income for the first quarter amounted to a loss of $364,530, compared with a loss of $996,390 in the year-earlier period.

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

The normalized profit margin climbed to negative 6.2% from negative 19.2% in the year-earlier period.

Total revenue grew 12.8% year over year to $5.9 million from $5.2 million, and total operating expenses declined 7.9% on an annual basis to $6.2 million from $6.8 million.

Reported net income totaled a loss of $650,690, or a loss of 1 cents per share, compared to a loss of $1.9 million, or a loss of 3 cents per share, in the prior-year period.