trending Market Intelligence /marketintelligence/en/news-insights/trending/shQ6kDUjEBqWuoFDgA-6Lg2 content esgSubNav
In This List

Lifeway Foods profit beats consensusin Q2

Blog

Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Podcast

MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Blog

Banking Essentials Newsletter: 17th April Edition


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.