Summit Networks Inc. said its normalized net income for the fiscal third quarter ended April 30 amounted to a loss of $11,690.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 32.9%.
Total revenue came to $35,500, and total operating expenses came to $54,210.
Reported net income came to a loss of $15,140, or a loss of 0 cents per share.
