Noun
operating income
(business, accounting) Income from doing business (as opposed to unearned income such as interest) with operating expenses subtracted, but before taxes have been subtracted.
Interest Expense on Debt is excluded from Net Revenues and presented below Operating Income in the Adjusted results and is included in Interest Expense on a U.S. GAAP basis. Source: Internet
Our management utilizes Adjusted Operating Income in its financial decision making process, to evaluate performance of the Company and for internal reporting, planning and forecasting purposes. Source: Internet
Third quarter Adjusted Operating Income, a non-GAAP financial measure defined below, was in the prior year period. Source: Internet
Operating income also improved by 10.4% year-on-year to close at N293.7 billion, up from N265.9 billion achieved in the corresponding period of 2019. Source: Internet
Operating income fell 36% for its gas business due to lower selling prices and higher natural gas costs, and plunged 99.9% for its coal business as sales declined. Source: Internet
Operating income more than halved to $20 million. Source: Internet