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Ionix Technology fiscal Q2 loss narrows YOY

Ionix Technology Inc. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, came to a loss of $3,620, compared with a loss of $13,020 in the year-earlier period.

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

Reported net income came to $126,560, or 0 cents per share, compared to a loss of $25,830, or a loss of 0 cents per share, in the prior-year period.