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Advanced Voice Recognition Systems Q1 loss widens 39.1% YOY

Advanced Voice Recognition Systems Inc. said its normalized net income for the first quarter was a loss of $15,440, compared with a loss of $11,100 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 $24,710, or a loss of 0 cents per share, compared to a loss of $17,760, or a loss of 0 cents per share, in the year-earlier period.