trending Market Intelligence /marketintelligence/en/news-insights/trending/co-pmO_g4FKZOmaKYtJ4QA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

3U Holding swings to profit in Q1


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 3: Transformation of Customer Experience in 2020

3U Holding swings to profit in Q1

3U Holding AG said its normalized net income for the first quarter was €74,630, compared with a loss of €147,500 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 0.7% from negative 1.3% in the year-earlier period.

Total revenue decreased year over year to €11.3 million from €11.6 million, and total operating expenses fell 7.8% from the prior-year period to €11.3 million from €12.2 million.

Reported net income totaled €101,000, or 0 cents per share, compared to a loss of €335,990, or a loss of 1 cents per share, in the prior-year period.