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Plaisio Computers Q1 profit falls YOY

4915315 said its first-quarter normalized net income came to 7 euro cents per share, a decline of 33.0% from 11 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €1.6 million, a decline of 33.0% from €2.3 million in the year-earlier period.

The normalized profit margin declined to 2.2% from 3.2% in the year-earlier period.

Total revenue declined on an annual basis to €70.3 million from €72.8 million, and total operating expenses decreased year over year to €67.6 million from €68.6 million.

eported net income fell 33.8% from the prior-year period to €1.8 million, or 8 cents per share, from €2.7 million, or 12 cents per share.Plaisio Computers SA

4915315 said its first-quarter normalized net income came to 7 euro cents per share, a decline of 33.0% from 11 cents per share in the year-earlier period.