(RTTNews) - Mattr Corp. (MATR.TO) reported a profit for third quarter that Decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled C$2.85 million, or C$0.05 per share. This compares with C$12.79 million, or C$0.19 per share, last year.
Excluding items, Mattr Corp. reported adjusted earnings of C$2.97 million or C$0.05 per share for the period.
Analysts on average had expected the company to earn C$0.12 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 39.2% to C$314.90 million from C$226.24 million last year.
Mattr Corp. earnings at a glance (GAAP) :
-Earnings: C$2.85 Mln. vs. C$12.79 Mln. last year. -EPS: C$0.05 vs. C$0.19 last year. -Revenue: C$314.90 Mln vs. C$226.24 Mln last year.
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