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Rokk3r Q1 loss widens 39.6% YOY

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Rokk3r Q1 loss widens 39.6% YOY

Rokk3r Inc. said its first-quarter normalized net income came to a loss of 8 cents per share, compared with a loss of 6 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $28,470, compared with a loss of $20,400 in the prior-year period.

Reported net income came to a loss of $45,550, or a loss of 13 cents per share, compared to a loss of $32,640, or a loss of 9 cents per share, in the prior-year period.