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Verkkokauppa.com Q2 profit climbs 38.0% YOY

4913015 said its second-quarter normalized net income was 2 euro cents per share, compared with the S&P Capital IQ consensus estimate of 2 cents per share.

EPS rose 36.7% year over year from 1 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €921,250, an increase of 38.0% from €667,500 in the year-earlier period.

The normalized profit margin rose to 1.2% from 1.1% in the year-earlier period.

Total revenue grew 32.0% year over year to €80.0 million from €60.6 million, and total operating expenses increased 31.7% on an annual basis to €78.6 million from €59.6 million.

eported net income came to €1.2 million, or 3 cents per share, compared to a loss of €350,000, or a loss of 1 cents per share, in the year-earlier period.Verkkokauppa.com Oyj

4913015 said its second-quarter normalized net income was 2 euro cents per share, compared with the S&P Capital IQ consensus estimate of 2 cents per share.