Net income

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In business and accounting, net income is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.
Net income
Definition
In business and accounting, net income is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.
Net income
Net income
In business and accounting, net income is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.

Mentions

However, net income and EPS were both significant drops on the same period a year ago. Net income came in at $119 million, with a diluted earnings per share of $0.15. In comparison, a year prior in Q4 2018, Twitter made net income of $255 million with diluted EPS of $0.33. Operating income for the current Q4 was $153 million.

Net profit for the six months fell to $59 million from a record $276 million in the same period a year earlier, which included gains from the sale of Contact's Rockgas LPG business and its Ahuroa gas storage facility.

The bank's net profit fall was driven by a $28m loss on the sale of its Aegis funds administration business.

Canterbury-based Synlait said its profit for the July 31 year would be between $70 million and $85 million compared with last year's net profit of $82.2 million, which was a 10 per cent improvement on the previous year's.

Bio-Rad's net income for the quarter was $553.5 million, or $18.31 per share, compared to a net loss of $828.5 million, or $27.73 per share, in the year-ago period. On a non-GAAP basis, EPS in Q4 2019 was $2.32 and below the analysts' average of $2.44

Heartland Group Holdings lifted first-half net profit 20.4 per cent, although that was boosted by accounting changes and fair value gains and the underlying increase was closer to 7 per cent. The company, which operates Heartland Bank in New Zealand and a reverse mortgage business in Australia, also increased its first-half dividend to 4.5 cents per share from 3.5 cents last year.

The telco's net profit jumped 9.2 percent to $167m in the six months to December 31.

The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations.

See also

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