trending Market Intelligence /marketintelligence/en/news-insights/trending/c1YBY4jHqtYZoeBQRzDrsQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Lakeland Industries swings to profit in fiscal Q1

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

BLOG

Investment Banking Essentials Newsletter: June Edition

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Lakeland Industries swings to profit in fiscal Q1

Lakeland Industries Inc. said its normalized net income for the fiscal first quarter ended April 30 amounted to $14,590, compared with a loss of $228,620 in the year-earlier period.

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

The normalized profit margin rose to 1.1% from negative 1.1% in the year-earlier period.

Total revenue climbed 8.1% year over year to $23.5 million from $21.7 million, and total operating expenses increased 5.7% on an annual basis to $22.9 million from $21.7 million.

Reported net income totaled a loss of $60, or a loss of 0 cents per share, compared to a loss of $853,950, or a loss of 16 cents per share, in the prior-year period.