trending Market Intelligence /marketintelligence/en/news-insights/trending/CIF6c_JStZNq_0i7Vd64uw2 content esgSubNav
In This List

Aspocomp Group swings to loss in Q1


Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally


IR In Focus | Episode 1 - Digital Innovation to Drive Investor Engagement

The Cobalt Expansion Drive Is A Copper Story


Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Aspocomp Group swings to loss in Q1

Aspocomp Group Oyj said its normalized net income for the first quarter was a loss of 4 euro cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 1 cents per share.

The per-share result swung to a loss from the prior-year profit of 1 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of €291,880, compared with income of €78,750 in the year-earlier period.

The normalized profit margin dropped to negative 7.1% from 1.7% in the year-earlier period.

Total revenue fell 9.2% on an annual basis to €4.1 million from €4.6 million, and total operating expenses climbed on an annual basis to €4.6 million from €4.4 million.

Reported net income totaled a loss of €467,000, or a loss of 7 cents per share, compared to income of €126,000, or 2 cents per share, in the prior-year period.