Unrivaled Brands, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 17.56 million compared to USD 2.87 million a year ago. Net loss was USD 63.72 million compared to USD 4.1 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 0.01 a year ago. Basic loss per share was USD 0.11 compared to USD 0.02 a year ago. Diluted loss per share was USD 0.11 compared to USD 0.02 a year ago.
For the six months, sales was USD 38.28 million compared to USD 4.93 million a year ago. Net loss was USD 72.59 million compared to USD 16.18 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.06 a year ago. Basic loss per share was USD 0.13 compared to USD 0.07 a year ago. Diluted loss per share was USD 0.13 compared to USD 0.07 a year ago.