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Worlds Inc. Q1 loss narrows YOY

Worlds Inc. said its normalized net income for the first quarter amounted to a loss of $85,830, compared with a loss of $181,670 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income came to a loss of $137,340, or a loss of 1 cents per share, compared to a loss of $2.6 million, or a loss of 13 cents per share, in the prior-year period.