Amadeus IT Group SA said its normalized net income for the third quarter came to 36 euro cents per share, compared with the S&P Capital IQ consensus estimate of 44 cents per share.
EPS increased year over year from 35 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €157.5 million, a gain from €153.9 million in the prior-year period.
The normalized profit margin fell to 15.9% from 18.0% in the year-earlier period.
Total revenue grew 15.7% on an annual basis to €988.0 million from €854.1 million, and total operating expenses increased 19.7% on an annual basis to €718.4 million from €600.0 million.
Reported net income increased 6.9% on an annual basis to €174.0 million, or 40 cents per share, from €162.7 million, or 37 cents per share.