MQ Holding AB said its normalized net income for the fiscal third quarter ended May 31 came to 82 Swedish öre per share, compared with the S&P Capital IQ consensus estimate of 87 öre per share.
EPS increased 13.7% year over year from 72 öre.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 28.8 million kronor, an increase of 15.0% from 25.0 million kronor in the year-earlier period.
The normalized profit margin rose to 7.9% from 7.1% in the year-earlier period.
Total revenue climbed year over year to 363.0 million kronor from 350.0 million kronor, and total operating expenses grew year over year to 318.0 million kronor from 310.0 million kronor.
Reported net income increased 13.5% on an annual basis to 35.5 million kronor, or 1.01 kronor per share, from 31.3 million kronor, or 90 öre per share.
As of June 16, US$1 was equivalent to 8.20 Swedish kronor.
