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Alliance MMA Q1 loss narrows YOY

Alliance MMA Inc. said its normalized net income for the first quarter was a loss of $17,050, compared with a loss of $50,370 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 $116,690, or a loss of 2 cents per share, compared to a loss of $80,600 in the prior-year period.