Zovio Inc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 22.04 million compared to USD 59.81 million a year ago. Revenue was USD 22.55 million compared to USD 62.23 million a year ago. Net loss was USD 3.46 million compared to USD 5.22 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.16 a year ago.
For the nine months, sales was USD 131.32 million compared to USD 200.59 million a year ago. Revenue was USD 135.56 million compared to USD 208.27 million a year ago. Net loss was USD 15.57 million compared to USD 18.75 million a year ago. Basic loss per share from continuing operations was USD 0.46 compared to USD 0.56 a year ago. Diluted loss per share from continuing operations was USD 0.46 compared to USD 0.56 a year ago.