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Peregrine Industries fiscal Q2 loss widens 6.3% YOY

Peregrine Industries Inc. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, came to a loss of 1 cents per share, compared with a loss of 1 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 $5,780, compared with a loss of $5,440 in the prior-year period.

Reported net income came to a loss of $9,250, or a loss of 2 cents per share, compared to a loss of $8,700, or a loss of 2 cents per share, in the prior-year period.