Cue Health Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 9.9 million compared to USD 87.7 million a year ago. Net loss was USD 83.86 million compared to USD 99.05 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 0.67 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to USD 0.67 a year ago.
For the six months, revenue was USD 34.66 million compared to USD 267.11 million a year ago. Net loss was USD 178.06 million compared to USD 96.25 million a year ago. Basic loss per share from continuing operations was USD 1.18 compared to USD 0.65 a year ago. Diluted loss per share from continuing operations was USD 1.18 compared to USD 0.65 a year ago.