Long Blockchain Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2018
April 25, 2019 at 04:43 pm EDT
Long Blockchain Corp. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was USD 827,146 compared to USD 1.554 million a year ago. Operating loss was USD 866,545 compared to USD 3.798 million a year ago. Net loss was USD 742,642 compared to USD 3.912 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.43 a year ago.
For the nine months, sales was USD 2.360 million compared to USD 3.901 million a year ago. Operating loss was USD 4.431 million compared to USD 11.239 million a year ago. Net loss was USD 4.867 million compared to USD 11.592 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 1.36 a year ago.