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EPRICE swings to loss in Q2

ePRICE SpA said its second-quarter normalized net income came to €877,500, compared with income of €108,130 in the prior-year period.

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

Total revenue grew 25.1% year over year to €50.2 million from €40.1 million, and total operating expenses rose 29.4% year over year to €51.5 million from €39.8 million.

Reported net income totaled a loss of €625,000, compared with income of €73,520, or 0 cents per share, in the prior-year period.