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Peak Positioning Technologies Q1 loss widens 43.3% YOY

Peak Positioning Technologies Inc. said its first-quarter normalized net income came to a loss of C$193,220, compared with a loss of C$134,870 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 C$309,140, or a loss of 0 cents per share, compared to a loss of C$215,790, or a loss of 0 cents per share, in the year-earlier period.