trending Market Intelligence /marketintelligence/en/news-insights/trending/shQ6kDUjEBqWuoFDgA-6Lg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Lifeway Foods profit beats consensusin Q2


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Lifeway Foods profit beats consensusin Q2

Lifeway Foods Inc. said its normalized net income for the second quarter came to $1.9 million, a rise from $17,500 in the year-earlier period.

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

The normalized profit margin increased to 6.1% from 0.1% in the year-earlier period.

Total revenue climbed year over year to $31.1 million from $29.8 million, and total operating expenses declined 5.7% on an annual basis to $28.1 million from $29.8 million.

Reported net income increased from the prior-year period to $2.1 million, or 13 cents per share, from $98,000, or 1 cents per share.