sMedio, Inc. reported consolidated earnings results for the second quarter ended June 2019. For the period, the company reported net sales of JPY 437 million against JPY 534 million a year ago. Operating loss was JPY 69 million against operating income of JPY 29 million a year ago. Loss attributable to owners of parent was JPY 70 million against profit of JPY 12 million a year ago. Loss per share was JPY 37.56 against earnings per share of JPY 6.42 a year ago.

The company provided consolidated earnings guidance for the year ending December 31, 2019. For the year ending December 31, 2019, the company expects net sales of JPY 1,063 million, operating loss of JPY 35 million and loss attributable to owners of parent of JPY 52 million or JPY 27.73 per share.