trending Market Intelligence /marketintelligence/en/news-insights/trending/UCJ0TJFsA2wbyerl1Utm8Q2 content esgSubNav
In This List

Accelerize New Media Q1 loss narrows YOY

Blog

Can private clouds ever really compete with the public cloud?

Blog

Esports, short-form content engaging more fans across Asia

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Gauging Supply Chain Risk In Volatile Times


Accelerize New Media Q1 loss narrows YOY

CFN Enterprises Inc. said its normalized net income for the first quarter amounted to a loss of $364,530, compared with a loss of $996,390 in the year-earlier period.

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

The normalized profit margin climbed to negative 6.2% from negative 19.2% in the year-earlier period.

Total revenue grew 12.8% year over year to $5.9 million from $5.2 million, and total operating expenses declined 7.9% on an annual basis to $6.2 million from $6.8 million.

Reported net income totaled a loss of $650,690, or a loss of 1 cents per share, compared to a loss of $1.9 million, or a loss of 3 cents per share, in the prior-year period.