Ominto, Inc. (OTC PINK: OMNT), the global leader in online Cash Back shopping, today reported fiscal 2015 financial results for the three months and nine months ended June 30, 2015.
For the three months ended June 30, 2015, revenues increased approximately 337% to $4.8 million over the $1.1 million reported in the same three month period of 2014. The loss from continuing operations in the three months ended June 30, 2015 and 2014 were approximately $1.3 million and $1.5 million, respectively. At June 30, 2015, the Company had deferred fee revenues of approximately $12.6 million, substantially all of which will be recognized as revenues during fiscal years 2015 and 2016.
For the nine months ended June 30, 2015, revenues were $13.4 million compared to $3.5 million as reported in the same period of fiscal 2014, an
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Avon Reports 3rd Quarter Financial Results, Profit Of $91.4 Million
by Tina Williams • • 0 Comments
Avon Products Inc. (AVP) on Thursday reported third-quarter profit of $91.4 million.
On a per-share basis, the New York, New York-based company said it had profit of 21 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 23 cents per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The direct seller of cosmetics posted revenue of $2.14 billion in the period, falling short of Street forecasts. Analysts expected $2.15 billion, according to Zacks.
Avon shares have declined 36 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 7 percent. The stock has declined 51 percent in the last 12 months.
Everyday, Avon brings beauty to the lives of women all over the world. At Avon, beauty means finding the right lipstick shade for a customer; providing an earnings opportunity so a woman can support her family; and enabling a woman to get her first mammogram. Beauty is about women looking and feeling their best. It’s about championing economic empowerment and improving the lives of women around the world.
Avon is a company steeped in tradition, grounded by its core values and principles as