trending Market Intelligence /marketintelligence/en/news-insights/trending/fWyfajZrFSdDKjgBjGiobQ2 content esgSubNav
In This List

Link Motion Q1 loss narrows YOY


MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Investment Banking Essentials: February 21

Case Study

The informativeness of research reports – Case Study on Real Estate


Golden Developing Solutions, Inc.: Up in Smoke

Link Motion Q1 loss narrows YOY

Link Motion Inc. said its first-quarter normalized net income amounted to $3.5 million, compared with a loss of $10.4 million in the year-earlier period.

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

The normalized profit margin rose to negative 4.8% from negative 11.7% in the year-earlier period.

Total revenue declined 17.6% year over year to $73.5 million from $89.2 million, and total operating expenses decreased 23.8% from the prior-year period to $80.8 million from $106.0 million.

Reported net income came to a loss of $7.8 million, compared with a loss of $17.0 million, or a loss of 19 cents per share, in the year-earlier period.