trending Market Intelligence /marketintelligence/en/news-insights/trending/fig0Ankrsu3UJdyKwPaWkg2 content esgSubNav
In This List

Crystal Rock Holdings fiscal Q3 profit climbs YOY

Blog

Optimism abounds in Indian online video industry

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation

Podcast

Next in Tech | Episode 64: Digital infrastructure – towers and datacenters unite! Sort of...


Crystal Rock Holdings fiscal Q3 profit climbs YOY

Crystal Rock Holdings Inc. said its normalized net income for the fiscal third quarter ended July 31 came to $735,000, an increase from $50,730 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 4.5% from 0.3% in the year-earlier period.

Total revenue declined 15.2% year over year to $16.4 million from $19.3 million, and total operating expenses decreased 21.2% year over year to $14.8 million from $18.8 million.

Reported net income came to $640,750, or 3 cents per share, compared to a loss of $213,580, or a loss of 1 cents per share, in the prior-year period.