Glance Technologies Inc. said its normalized net income for the fiscal first quarter ended Feb. 29 was a loss of C$78,650, compared with a loss of C$10,000 in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income came to a loss of C$125,840, or a loss of 0 cents per share, compared to a loss of C$16,000, or a loss of 0 cents per share, in the year-earlier period.
