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Willamette Valley Vineyards Q1 profit climbs 79.0% YOY

4915422 said its normalized net income for the first quarter came to 6 cents per share, a gain of 78.3% from 4 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $314,900, a gain of 79.0% from $175,970 in the prior-year period.

The normalized profit margin climbed to 8.0% from 5.9% in the year-earlier period.

otal revenue rose 31.7% year over year to $3.9 million from $3.0 million, and total operating expenses grew 25.4% on an annual b Willamette Valley Vineyards Inc..