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Universal Power Industry fiscal Q2 loss widens YOY

Universal Power Industry Corp. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, was a loss of $22,350, compared with a loss of $3,780 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 $35,760, or a loss of 0 cents per share, compared to a loss of $6,040, or a loss of 0 cents per share, in the year-earlier period.