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BlackIce fiscal Q2 loss narrows YOY

Trackloop Analytics Corp. said its normalized net income for the fiscal second quarter ended Feb. 29 amounted to a loss of C$18,940, compared with a loss of C$125,250 in the year-earlier period.

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

The normalized profit margin was 8.5%.

Total revenue came to C$222,660, and total operating expenses grew 25.7% from the prior-year period to C$220,380 from C$175,330.

Reported net income totaled a loss of C$27,640, or a loss of 0 cents per share, compared to a loss of C$200,400, or a loss of 1 cents per share, in the year-earlier period.