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Ecard Q1 loss widens YOY

Ecard Inc. said its first-quarter normalized net income came to a loss of $14,640, compared with a loss of $1,290 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 $23,420, or a loss of 0 cents per share, compared to a loss of $2,070, or a loss of 0 cents per share, in the year-earlier period.