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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Net Income : $6.15 Mil (TTM As of Jun. 2023)


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What is CC Neuberger Principal Holdings III Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. CC Neuberger Principal Holdings III's Net Income for the three months ended in Jun. 2023 was $0.43 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $6.15 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CC Neuberger Principal Holdings III's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $.


CC Neuberger Principal Holdings III Net Income Historical Data

The historical data trend for CC Neuberger Principal Holdings III's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CC Neuberger Principal Holdings III Net Income Chart

CC Neuberger Principal Holdings III Annual Data
Trend Dec20 Dec21 Dec22
Net Income
- -9.76 34.05

CC Neuberger Principal Holdings III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.74 3.73 5.96 -3.97 0.43

CC Neuberger Principal Holdings III Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

CC Neuberger Principal Holdings III's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=34.053+0+0+0
=34.05

CC Neuberger Principal Holdings III's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.426+0+0+0
=0.43

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.15 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CC Neuberger Principal Holdings III  (NYSE:PRPC.U) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

CC Neuberger Principal Holdings III's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CC Neuberger Principal Holdings III Net Income Related Terms

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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 58th Floor, New York, NY, USA, 10166
CC Neuberger Principal Holdings III is a blank check company.
Executives
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano officer: EVP, Corporate Development 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell director 388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton officer: EVP, Corporate Development 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc director, 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

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