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NXChain fiscal Q2 loss widens YOY

NXChain Inc. said its normalized net income for the fiscal second quarter ended Nov. 30, 2015, amounted to a loss of $43,060, compared with a loss of $5,270 in the prior-year period.

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

Reported net income totaled a loss of $200,500, or a loss of 23 cents per share, compared to a loss of $4,230, or a loss of 1 cents per share, in the year-earlier period.