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E-Guardian fiscal Q1 profit climbs YOY

E-Guardian Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, amounted to ¥9.33 per share, a gain from ¥4.03 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥93.8 million, an increase from ¥39.4 million in the year-earlier period.

The normalized profit margin rose to 10.5% from 5.7% in the year-earlier period.

Total revenue rose 28.3% on an annual basis to ¥893.0 million from ¥696.0 million, and total operating expenses increased 19.5% year over year to ¥755.0 million from ¥632.0 million.

Reported net income grew on an annual basis to ¥98.2 million, or ¥9.77 per share, from ¥34.0 million, or ¥3.48 per share.

As of Feb. 12, US$1 was equivalent to ¥112.83.