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Epcylon Technologies fiscal Q3 loss widens 61.8% YOY

Epcylon Technologies Inc. said its normalized net income for the fiscal third quarter ended Feb. 29 came to a loss of $111,270, compared with a loss of $68,750 in the year-earlier period.

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

Total revenue rose 87.9% on an annual basis to $5,300 from $2,820, and total operating expenses increased 51.5% from the prior-year period to $204,980 from $135,330.

Reported net income totaled $44,220, or 0 cents per share, compared to a loss of $68,850, or a loss of 0 cents per share, in the year-earlier period.