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EBizware fiscal Q2 profit falls YOY

Visiber57 Corp. said its normalized net income for the fiscal second quarter ended Feb. 29 was $3,370, a fall of 13.4% from $3,890 in the year-earlier period.

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

Total revenue held steady year over year at $11,250, and total operating expenses grew 16.5% from the prior-year period to $5,860 from $5,030.

Reported net income fell 13.3% from the prior-year period to $5,390, or 0 cents per share, from $6,220, or 0 cents per share.