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Mobile Lads fiscal Q3 loss widens YOY

Mobile Lads Corp. said its normalized net income for the fiscal third quarter ended Jan. 31 amounted to a loss of $1.4 million, compared with a loss of $31,000 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 $2.2 million, or a loss of 1 cents per share, compared to a loss of $49,610, or a loss of 0 cents per share, in the year-earlier period.