Invesque Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 49.27 million compared to USD 48.9 million a year ago. Net loss was USD 45.93 million compared to USD 7.68 million a year ago. Basic loss per share from continuing operations was USD 0.82 compared to USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.82 compared to USD 0.16 a year ago. Basic loss per share was USD 0.81 compared to USD 0.14 a year ago. Diluted loss per share was USD 0.81 compared to USD 0.14 a year ago.
For the six months, sales was USD 97.87 million compared to USD 96.77 million a year ago. Net loss was USD 61.52 million compared to USD 4.34 million a year ago. Basic loss per share from continuing operations was USD 1.01 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 1.01 compared to USD 0.06 a year ago. Basic loss per share was USD 1.08 compared to USD 0.08 a year ago. Diluted loss per share was USD 1.08 compared to USD 0.08 a year ago.