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Infodema swings to profit in Q1

4912758 said its first-quarter normalized net income came to 9 Chilean centavos per share, compared with a loss of 44 centavos per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 83.0 million pesos, compared with a loss of 395.5 million pesos in the prior-year period.

The normalized profit margin increased to 1.3% from negative 9.8% in the year-earlier period.

Total revenue grew 15.4% year over year to 4.68 billion pesos from 4.05 billion pesos, and total operating expenses fell from the prior-year period to 4.42 billion pesos from 4.52 billion pesos.

Reported net income decreased 28.1% from the prior-year period to 132.8 million pesos, or 15 centavos per share, from 184.7 million pesos, or 21 centavos per share.

s of May 20, US$1 was equivalent to 605.39 Chilean pesos.Infodema SA

4912758 said its first-quarter normalized net income came to 9 Chilean centavos per share, compared with a loss of 44 centavos per share in the prior-year period.