EDreams Odigeo SA said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 5 euro cents per share, a gain from 1 cents per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €4.8 million, a gain from €1.5 million in the year-earlier period.
The normalized profit margin declined to negative 1.8% from 1.4% in the year-earlier period.
Total revenue decreased on an annual basis to €101.7 million from €103.4 million, and total operating expenses grew year over year to €86.9 million from €85.6 million.
Reported net income came to a loss of €6.9 million, or a loss of 7 cents per share, compared to a loss of €10.8 million, or a loss of 11 cents per share, in the year-earlier period.
