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Contagious Gaming fiscal Q3 loss widens YOY

Contagious Gaming Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was a loss of 35 Canadian cents per share, compared with a loss of 14 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of C$1.3 million, compared with a loss of C$199,520 in the prior-year period.

Total revenue climbed on an annual basis to C$357,100 from C$131,710, and total operating expenses rose from the prior-year period to C$2.3 million from C$381,920.

Reported net income totaled a loss of C$1.9 million, or a loss of 53 cents per share, compared to a loss of C$319,230, or a loss of 23 cents per share, in the prior-year period.