Precigen, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 1.38 million compared to USD 16.72 million a year ago. Net loss was USD 19.8 million compared to net income of USD 87.38 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.04 a year ago. Basic loss per share was USD 0.08 compared to basic earnings per share of USD 0.44 a year ago.
For the nine months, revenue was USD 5 million compared to USD 25.15 million a year ago. Net loss was USD 62.85 million compared to net income of USD 50.49 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.29 a year ago. Basic loss per share was USD 0.26 compared to basic earnings per share of USD 0.25 a year ago.