InnovAge Holding Corp. reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was USD 167.14 million compared to USD 174.96 million a year ago. Revenue was USD 167.46 million compared to USD 175.35 million a year ago. Net loss was USD 9.79 million compared to net income of USD 1.32 million a year ago. Basic loss per share from continuing operations was USD 0.07 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 0.07 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.
For the six months, sales was USD 338.07 million compared to USD 347.52 million a year ago. Revenue was USD 338.67 million compared to USD 348.42 million a year ago. Net loss was USD 22.87 million compared to net income of USD 9.01 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to basic earnings per share from continuing operations of USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to diluted earnings per share from continuing operations of USD 0.07 a year ago.