Lannett Company, Inc. reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was USD 80.89 million compared to USD 86.51 million a year ago. Net loss was USD 36.31 million compared to USD 81.09 million a year ago. Basic loss per share from continuing operations was USD 3.52 compared to USD 8.04 a year ago. Diluted loss per share from continuing operations was USD 3.52 compared to USD 8.04 a year ago.
For the six months, sales was USD 155.97 million compared to USD 188.03 million a year ago. Net loss was USD 64.33 million compared to USD 103.43 million a year ago. Basic loss per share from continuing operations was USD 6.28 compared to USD 10.32 a year ago. Diluted loss per share from continuing operations was USD 6.28 compared to USD 10.32 a year ago.