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Datasea fiscal Q3 loss widens YOY

Datasea Inc. said its normalized net income for the fiscal third quarter ended March 31 amounted to a loss of $118,750, compared with a loss of $17,200 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income totaled a loss of $190,000, or a loss of 1 cents per share, compared to a loss of $27,520, or a loss of 0 cents per share, in the prior-year period.