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Oculus VisionTech Q1 loss widens YOY

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Oculus VisionTech Q1 loss widens YOY

Oculus VisionTech Inc. said its first-quarter normalized net income was a loss of $57,350, compared with a loss of $15,750 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 $91,760, or a loss of 0 cents per share, compared to a loss of $25,200, or a loss of 0 cents per share, in the prior-year period.