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SmartMetric fiscal Q2 loss narrows YOY

SmartMetric Inc. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, amounted to a loss of $227,310, compared with a loss of $269,410 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 $363,700, or a loss of 0 cents per share, compared to a loss of $431,060, or a loss of 0 cents per share, in the prior-year period.