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Naked Brand swings to loss in fiscal Q3

4912609 said its normalized net income for the fiscal third quarter ended Oct. 31 amounted to a loss of $1.30 per share, compared with 92 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $2.2 million, compared with income of $4.5 million in the prior-year period.

Total revenue rose year over year to $317,750 from $145,790, and total operating expenses increased 18.4% from the prior-year period to $3.6 million from $3.0 million.

eported net income totaled a loss of $3.5 million, or a loss of $2.08 per share, compared to a loss of $2.9 million, or a loss of 59 cents per share, in the prior-year period.Naked Brand Group Inc.

4912609 said its normalized net income for the fiscal third quarter ended Oct. 31 amounted to a loss of $1.30 per share, compared with 92 cents per share in the year-earlier period.