trending Market Intelligence /marketintelligence/en/news-insights/trending/tDSD0SR4PrQDgAHUQ4Glfw2 content esgSubNav
In This List

QSC AG Q1 loss narrows YOY

Blog

Broadcast deal market recap, Q2'22

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Blog

Japan M&A By the Numbers: Q1 2022


QSC AG Q1 loss narrows YOY

QSC AG said its first-quarter normalized net income came to a loss of €573,750, compared with a loss of €2.8 million in the year-earlier period.

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

The normalized profit margin rose to negative 0.5% from negative 2.6% in the year-earlier period.

Total revenue decreased 5.6% on an annual basis to €98.9 million from €104.7 million, and total operating expenses decreased 8.8% on an annual basis to €98.2 million from €107.7 million.

Reported net income totaled a loss of €143,000, or a loss of 0 cents per share, compared to a loss of €3.4 million, or a loss of 3 cents per share, in the prior-year period.