Loyalty Ventures 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 96.95 million compared to USD 78.83 million a year ago. Revenue was USD 171.8 million compared to USD 150.91 million a year ago. Net loss was USD 441.9 million compared to net income of USD 14.51 million a year ago. Basic loss per share from continuing operations was USD 17.95 compared to basic earnings per share from continuing operations of USD 0.59 a year ago. Diluted loss per share from continuing operations was USD 17.95 compared to diluted earnings per share from continuing operations of USD 0.59 a year ago.
For the six months, sales was USD 181.93 million compared to USD 183.7 million a year ago. Revenue was USD 326.75 million compared to USD 327.46 million a year ago. Net loss was USD 440.88 million compared to net income of USD 33.54 million a year ago. Basic loss per share from continuing operations was USD 17.92 compared to basic earnings per share from continuing operations of USD 1.36 a year ago. Diluted loss per share from continuing operations was USD 17.92 compared to diluted earnings per share from continuing operations of USD 1.36 a year ago.