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Opel International Q1 loss widens 39.0% YOY

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Opel International Q1 loss widens 39.0% YOY

POET Technologies Inc. said its first-quarter normalized net income came to a loss of $1.8 million, compared with a loss of $1.3 million in the year-earlier period.

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

Reported net income came to a loss of $2.0 million, or a loss of 1 cents per share, compared to a loss of $1.7 million, or a loss of 1 cents per share, in the year-earlier period.