Quorum Information Technologies Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 10.04 million compared to CAD 9.81 million a year ago. Net income was CAD 0.496093 million compared to net loss of CAD 0.25574 million a year ago. Basic earnings per share from continuing operations was CAD 0.007 compared to basic loss per share from continuing operations of CAD 0.004 a year ago. Diluted earnings per share from continuing operations was CAD 0.007 compared to diluted loss per share from continuing operations of CAD 0.004 a year ago.
For the six months, sales was CAD 19.94 million compared to CAD 19.1 million a year ago. Net loss was CAD 0.063816 million compared to CAD 0.853357 million a year ago. Basic loss per share from continuing operations was CAD 0.001 compared to CAD 0.012 a year ago. Diluted loss per share from continuing operations was CAD 0.001 compared to CAD 0.012 a year ago.