Frontera Group Inc. said its normalized net income for the fiscal third quarter ended March 31 came to a loss of $3,590, compared with a loss of $13,790 in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Reported net income came to a loss of $5,740, or a loss of 0 cents per share, compared to a loss of $22,060, or a loss of 0 cents per share, in the year-earlier period.