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Imagination Park Entertainment fiscal Q1 loss narrows YOY

Imagination Park Technologies Inc. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, amounted to a loss of C$101,310, compared with a loss of C$215,800 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 C$211,650, or a loss of 2 cents per share, compared to a loss of C$482,420, or a loss of 8 cents per share, in the prior-year period.