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Centric Health Q3 loss narrows YOY

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Centric Health Q3 loss narrows YOY

4391109 said its third-quarter normalized net income came to a loss of C$1.5 million, compared with a loss of C$5.6 million in the prior-year period.

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

The normalized profit margin climbed to negative 3.6% from negative 13.5% in the year-earlier period.

Total revenue grew on an annual basis to C$42.4 million from C$41.9 million, and total operating expenses decreased year over year to C$41.4 million from C$42.3 million.

eported net income totaled C$3.3 million, or 2 cents per share, compared to a loss of C$9.5 million, or a loss of 6 cents per share, in the prior-year period.Centric Health Corp.

4391109 said its third-quarter normalized net income came to a loss of C$1.5 million, compared with a loss of C$5.6 million in the prior-year period.