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Ridgefield Acquisition Q1 loss narrows YOY

Ridgefield Acquisition Corp. said its normalized net income for the first quarter was a loss of $2,760, compared with a loss of $2,790 in the year-earlier period.

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

Reported net income totaled a loss of $4,420, or a loss of 0 cents per share, compared to a loss of $4,460, or a loss of 0 cents per share, in the year-earlier period.