trending Market Intelligence /marketintelligence/en/news-insights/trending/j_m1tBMAunkuOLVKnXYlsg2 content esgSubNav
In This List

Freedom Leaf fiscal Q2 loss widens YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

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


Freedom Leaf fiscal Q2 loss widens YOY

Freedom Leaf Inc. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, came to a loss of $1.2 million, compared with a loss of $106,320 in the year-earlier period.

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

Total revenue declined 87.0% on an annual basis to $16,560 from $127,210, and total operating expenses rose on an annual basis to $1.9 million from $297,310.

Reported net income totaled a loss of $1.9 million, or a loss of 1 cents per share, compared to a loss of $170,110, or a loss of 0 cents per share, in the year-earlier period.