trending Market Intelligence /marketintelligence/en/news-insights/trending/XqSTroePeAH5L2iYm_BCYg2 content esgSubNav
In This List

Sylogist fiscal Q1 profit climbs 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


Sylogist fiscal Q1 profit climbs YOY

Sylogist Ltd. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, was C$1.2 million, a rise from C$23,750 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 13.6% from 0.4% in the year-earlier period.

Total revenue grew 36.6% year over year to C$8.4 million from C$6.1 million, and total operating expenses rose year over year to C$6.5 million from C$6.3 million.

Reported net income totaled C$1.5 million, or 6 cents per share, compared to a loss of C$252,660, or a loss of 1 cents per share, in the prior-year period.