Net Income From Continuing Operations
Net Income From Continuing Operations is a company's profit excluding costs and revenues which are "one-time" or are not expected to recur.
Specifically, net income from continuing operations (often shortened "income from continuing operations") excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carryforward, and preferred dividends.
Income from continuing operations is reported quarterly on a company's income statement.
Income from continuing operations is often called out in contrast to Income from Discontinued Operations, income from divisions or lines of business the company has sold off or shut down.
This was due to expense discipline which enabled them to turn the 3% overall revenue increase into a 10% improvement in income from continuing operations and a record 39.4% pre-tax profit margin, as well as a 31% return on equity..