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Momentous Holdings swings to loss in fiscal Q3

Momentous Holdings Corp. said its normalized net income for the fiscal third quarter ended Feb. 29 was a loss of $2,870, compared with income of $70 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 $4,600, or a loss of 0 cents per share, compared to income of $110 in the year-earlier period.