trending Market Intelligence /marketintelligence/en/news-insights/trending/BYR6_MXADw7aslD6YSmDFg2 content esgSubNav
In This List

Crystal Rock Holdings fiscal Q1 loss narrows YOY

Podcast

Maritime and Trade Talk Episode 26

Blog

HDFC Securities Investment Research Now Available through S&P Capital IQ Pro

Podcast

MediaTalk | Season 2
Ep.2 Back to the Box Office

Podcast

Next in Tech Episode 156: Connecting with Customers


Crystal Rock Holdings fiscal Q1 loss narrows YOY

Crystal Rock Holdings Inc. said its normalized net income for the fiscal first quarter ended Jan. 31 amounted to a loss of $32,570, compared with a loss of $461,190 in the year-earlier period.

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

The normalized profit margin increased to negative 0.2% from negative 2.6% in the year-earlier period.

Total revenue declined 8.9% on an annual basis to $16.1 million from $17.7 million, and total operating expenses declined 12.5% on an annual basis to $15.8 million from $18.1 million.

Reported net income came to a loss of $29,530, or a loss of 0 cents per share, compared to a loss of $427,170, or a loss of 2 cents per share, in the year-earlier period.