Support.com Inc. said its first-quarter normalized net income came to a loss of 16 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 27 cents per share.
The per-share loss grew 91.3% year over year from 8 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $2.8 million, compared with a loss of $1.5 million in the prior-year period.
The normalized profit margin dropped to negative 17.1% from negative 6.3% in the year-earlier period.
Total revenue decreased 28.3% on an annual basis to $16.6 million from $23.2 million, and total operating expenses fell 16.9% on an annual basis to $21.3 million from $25.6 million.
Reported net income came to a loss of $4.4 million, or a loss of 25 cents per share, compared to a loss of $2.7 million, or a loss of 15 cents per share, in the prior-year period.