SunOpta Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 152.54 million compared to USD 144.02 million a year ago. Net loss was USD 145.82 million compared to USD 11.93 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago. Basic loss per share was USD 1.26 compared to USD 0.12 a year ago. Diluted loss per share was USD 1.26 compared to USD 0.12 a year ago.
For the nine months, sales was USD 448.67 million compared to USD 431.61 million a year ago. Net loss was USD 163.28 million compared to USD 5.9 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago. Basic loss per share was USD 1.45 compared to USD 0.08 a year ago. Diluted loss per share was USD 1.45 compared to USD 0.08 a year ago.