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Global Seed fiscal Q2 loss narrows YOY

Global Seed Corp. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, amounted to a loss of $960, compared with a loss of $3,380 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 a loss of $1,540, or a loss of 0 cents per share, compared to a loss of $5,400, or a loss of 0 cents per share, in the prior-year period.