Halifax Corporation (HX) Tops Q3 EPS by 21c, Beats on Revenues

Note: EPS may not be comparable

Halifax Corporation (NASDAQ: HX) reported Q3 EPS of $0.52, $0.21 better than the analyst estimate of $0.31. Revenue for the quarter came in at $43.3 million versus the consensus estimate of $25.19 million.

Third Quarter of Fiscal Year 2018 Financial Highlights

• Net revenue was US$43.3 million during the third quarter of fiscal year 2018, an increase of 575.9% from the third quarter of fiscal year 2017.
• Operating expenses were US$11.7 million during the third quarter of fiscal year 2018, an increase of 209.9% from the third quarter of fiscal year 2017.
• Net income was US$26.9 million during the third quarter of fiscal year 2018, a significant increase of 1589.1% from the third quarter of fiscal year 2017.
• Adjusted net income attributable to Hexindai Inc.\'s shareholder (non-GAAP) in the third quarter of fiscal year 2018 was US$27.6 million, increased by 1632.6% from US$1.6 million in the third quarter of fiscal year 2017.
• Basic EPS in the third quarter of fiscal year 2018 was US$0.58 compared to US$0.04 in the same period of fiscal year 2017.
• Diluted EPS in the third quarter of fiscal year 2018 was US$0.52 compared to US$0.04 in the same period of fiscal year 2017.

For earnings history and earnings-related data on Halifax Corporation (HX) click here.

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