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Imvescor Restaurant fiscal Q3 profit climbs 27.6% YOY

4399284 said its normalized net income for the fiscal third quarter ended July 31 was 5 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 5 cents per share.

EPS rose 21.9% year over year from 4 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$2.7 million, a gain of 27.6% from C$2.1 million in the prior-year period.

The normalized profit margin climbed to 24.0% from 19.4% in the year-earlier period.

Total revenue grew 18.7% on an annual basis to C$13.1 million from C$11.0 million, and total operating expenses climbed 21.9% year over year to C$8.7 million from C$7.1 million.

eported net income increased 30.9% year over year to C$3.0 million, or 5 cents per share, from C$2.3 million, or 4 cents per share.Imvescor Restaurant Group Inc.

4399284 said its normalized net income for the fiscal third quarter ended July 31 was 5 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 5 cents per share.