trending Market Intelligence /marketintelligence/en/news-insights/trending/EOoVjqRrrmtufIIUMkjVFQ2 content esgSubNav
In This List

Provision Holding fiscal Q2 loss widens YOY

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Provision Holding fiscal Q2 loss widens YOY

Provision Holding Inc. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, amounted to a loss of $376,880, compared with a loss of $151,110 in the prior-year period.

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

The normalized profit margin rose to negative 17.1% from negative 191.8% in the year-earlier period.

Total revenue rose year over year to $2.2 million from $78,800, and total operating expenses rose from the prior-year period to $2.4 million from $267,160.

Reported net income came to a loss of $603,000, or a loss of 1 cents per share, compared to a loss of $241,780, or a loss of 0 cents per share, in the year-earlier period.