Covisint
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Covisint's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $70,243,000. The net income raised on -$12,726,000 and profit margin reached -18%. Total operating expenses were $49,682,000.

Profit Margin

Covisint Corporation (NASDAQ:COVS): Profit margin
2014 97.13M -35.65M -36.71%
2015 88.53M -38.56M -43.56%
2016 76.02M -14.89M -19.59%
2017 70.24M -12.72M -18.12%

COVS Income Statement (2014 – 2017)

2017 2016 2015 2014
Revenue
Revenue
70.24M76.02M88.53M97.13M
Cost of revenue
33.27M34.95M66.40M56.37M
Gross profit
36.96M41.07M22.13M40.76M
Operating exp.
Research and development
11.38M13.01M10.41M12.40M
Selling and marketing
26.80M29.44M32.59M35.25M
Total operating expenses
49.68M55.75M60.64M76.33M
Operating income
-12.71M-14.68M-38.51M-35.57M
Other income (expenses), net
61K-23K69K0
Income before tax
-12.65M-14.70M-38.45M-35.57M
Income tax expense
69K189K112K85K
Net income
-12.72M-14.89M-38.56M-35.65M
Earnings per share
Basic EPS
-0.31-0.37-1.01-1.06
Diluted EPS
-0.31-0.37-1.01-1.06
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