Revenue Up Net Income Down

Covenant 2q transport revenue up net income down covenant transportation group inc.

Revenue up net income down. I ignore interest and taxes to keep the spreadsheet simpler. For the quarter ended march 31 net income climbed to 241 million or 3 20 per diluted share compared with 72 million or 84 cents a year earlier. Revenues rose 55 percent to 468 million in the first quarter of 2019 while net income fell from 39 million to 21 million and adjusted net income dipped from 55 million to 51 million. The savings in expens.

Part of the loss comes from about 4 million in special one time gains in net income reported in the third quarter as well as a year ago but which were not included in the current fourth quarter. Earnings per share are calculated using ni. At t reported net income of us 2 4 billion for the fourth quarter of 2008 down from 3 1 billion in the previous year with declining voice revenue offsetting gains in iphone adoptions and. Net income ni is calculated as revenues minus expenses interest and taxes.

Red hat s revenue grew by 18 in the fiscal year 2009 fourth quarter when compared to that of a year ago although it lost 6 million in net income to make it 16 million for the quarter. Investors should review the numbers used to calculate ni because expenses. Net income however was down at 205 million from 233 million in the year ago period. Facebook s user base continued to increase with 901 million monthly active users as of march 31 2012 up.

Wyndham attributed these numbers to its 2018 acquisition of la quinta higher interest expense the timing of marketing expenses and the absence of hurricane related insurance proceeds. Reported earnings of 33 cents per share on 6 1 million in net income in the quarter ending june 30 the. There are broadly two types of expenses the cost of goods service and operating expenses.