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Fandom Sports Media fiscal Q3 loss widens 5.8% YOY

Fandom Sports Media Corp. said its normalized net income for the fiscal third quarter ended Oct. 31, 2015, was a loss of 2 Canadian cents per share, compared with a loss of 2 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of C$736,730, compared with a loss of C$696,160 in the prior-year period.

Reported net income totaled a loss of C$1.2 million, or a loss of 3 cents per share, compared to a loss of C$1.1 million, or a loss of 4 cents per share, in the prior-year period.