trending Market Intelligence /marketintelligence/en/news-insights/trending/Yt9eROZGrBeS9wX8fmdV8Q2 content esgSubNav
In This List

Excel Corp. Q1 profit falls YOY

Video

S&P Capital IQ Pro | Powering Your Edge

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Gaining a Competitive Advantage with ESG Data for Student-Managed Investment Funds


Excel Corp. Q1 profit falls YOY

Excel Corp. said its normalized net income for the first quarter amounted to $135,170, a decline of 52.6% from $285,040 in the year-earlier period.

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

The normalized profit margin fell to 3.4% from 24.7% in the year-earlier period.

Total revenue climbed year over year to $4.0 million from $1.2 million, and total operating expenses climbed from the prior-year period to $3.5 million from $618,740.

Reported net income declined 52.6% year over year to $216,280, or 0 cents per share, from $456,070, or 0 cents per share.