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Momentous Holdings swings to loss in fiscal Q2

Momentous Holdings Corp. said its normalized net income for the fiscal second quarter ended Nov. 30, 2015, came to a loss of $3,230, compared with income of $130 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 $5,170, or a loss of 0 cents per share, compared to income of $210 in the year-earlier period.