Quantum Materials Corp. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, was a loss of $1.6 million, compared with a loss of $186,750 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 $3.2 million, or a loss of 1 cents per share, compared to income of $247,340, or 0 cents per share, in the prior-year period.
