Dixons Carphone plc said its normalized net income for the fiscal first half ended Oct. 31 was 5 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 7 pence per share.

EPS fell 12.2% year over year from 6 pence.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £58.8 million, an increase of 25.3% from £46.9 million in the first half ended Nov. 1, 2014.

Total revenue rose 44.8% on an annual basis to £4.39 billion from £3.04 billion, and total operating expenses rose 45.4% year over year to £4.29 billion from £2.95 billion.

Reported net income grew year over year to £54.8 million, or 5 pence per share, from £53.4 million, or 6 pence per share.