Sphere 3D Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:59 pm EDT
Sphere 3D Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 4.97 million compared to USD 1.21 million a year ago. Revenue was USD 5.47 million compared to USD 1.92 million a year ago. Net loss was USD 4.83 million compared to USD 40.69 million a year ago. Basic loss per share from continuing operations was USD 0.44 compared to USD 4.31 a year ago.
For the six months, sales was USD 7.49 million compared to USD 1.96 million a year ago. Revenue was USD 8.49 million compared to USD 3.29 million a year ago. Net loss was USD 8.33 million compared to USD 55.33 million a year ago. Basic loss per share from continuing operations was USD 0.78 compared to USD 5.96 a year ago.