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SigmaBroadband Co. Q1 loss narrows YOY

SigmaBroadband Co. said its first-quarter normalized net income amounted to a loss of 22 cents per share, compared with a loss of 71 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $53,270, compared with a loss of $174,350 in the year-earlier period.

Reported net income came to a loss of $85,230, or a loss of 35 cents per share, compared to a loss of $278,950, or a loss of $1.13 per share, in the year-earlier period.