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Scores Holding Q3 profit falls YOY

Scores Holding Co. Inc. said its normalized net income for the third quarter was $89,190, a decrease from $90,410 in the prior-year period.

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

The normalized profit margin declined to 35.6% from 40.1% in the year-earlier period.

Total revenue rose 11.1% year over year to $250,470 from $225,390, and total operating expenses rose 35.9% from the prior-year period to $109,290 from $80,410.

Reported net income decreased 56.8% from the prior-year period to $49,560, or 0 cents per share, from $114,610, or 0 cents per share.