trending Market Intelligence /marketintelligence/en/news-insights/trending/eSoPNjHiFakTX0FRCslwKg2 content esgSubNav
In This List

MyDx Q1 loss narrows YOY

Podcast

Next in Tech | Episode 84: The bear bites M&A

Podcast

MediaTalk Episode 27

Blog

Tudor, Pickering, Holt & Co. Research Now Available

Case Study

A University Adds Aftermarket Research to Its Student Toolkit


MyDx Q1 loss narrows YOY

MyDx Inc. said its normalized net income for the first quarter amounted to a loss of 2 cents per share, compared with a loss of 12 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $339,820, compared with a loss of $1.3 million in the year-earlier period.

The normalized profit margin was 210.7%.

Total revenue totaled $161,260, and total operating expenses declined 62.4% year over year to $686,140 from $1.8 million.

Reported net income totaled a loss of $544,510, or a loss of 2 cents per share, compared to a loss of $2.1 million, or a loss of 20 cents per share, in the year-earlier period.