Veru Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2023
May 11, 2023 at 06:30 am EDT
Veru Inc. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was USD 6.59 million compared to USD 13.03 million a year ago. Net loss was USD 38.79 million compared to USD 14.18 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to USD 0.18 a year ago.
For the six months, sales was USD 9.09 million compared to USD 27.16 million a year ago. Net loss was USD 75.64 million compared to USD 20.56 million a year ago. Basic loss per share from continuing operations was USD 0.94 compared to USD 0.26 a year ago.