Visiber57 Corp. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, was a loss of $9,570, compared with a loss of $210 in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Total revenue held steady year over year at $11,250, and total operating expenses increased on an annual basis to $26,560 from $11,580.
Reported net income came to a loss of $15,310, or a loss of 0 cents per share, compared to a loss of $330, or a loss of 0 cents per share, in the year-earlier period.
