Nogin, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 22, 2023 at 05:29 pm
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Nogin, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.722 million compared to USD 2.32 million a year ago. Revenue was USD 10.9 million compared to USD 20.97 million a year ago. Net loss was USD 14.24 million compared to USD 28.9 million a year ago. Basic loss per share from continuing operations was USD 1.28 compared to USD 11.58 a year ago. Diluted loss per share from continuing operations was USD 1.28 compared to USD 11.58 a year ago.
For the nine months, sales was USD 2.4 million compared to USD 9.32 million a year ago. Revenue was USD 40.32 million compared to USD 66.52 million a year ago. Net loss was USD 35.97 million compared to USD 49.81 million a year ago. Basic loss per share from continuing operations was USD 4.31 compared to USD 23.12 a year ago. Diluted loss per share from continuing operations was USD 4.31 compared to USD 23.12 a year ago.
Nogin, Inc. is an e-commerce technology platform provider in the apparel and ancillary industryâs multichannel retailing, business-to-consumer, and business-to-business domains. It manages clientsâ front-to-back-end operations so clients can focus on their business. Its Nogin Intelligent Commerce platform, enterprise commerce-as-a-service (CaaS) platform, includes Intelligent Commerce (site management); Intelligence commerce architecture, such as orders, returns and warehouse management, channel partner integrations, customer management, catalog management, content and site management, and security, privacy and data protection grouped into a single software solution, and Foundational elements, including its data asset, CDP and artificial intelligence (AI), and flexible application programming interface (API). The Intelligent Commerce platform is an open-source e-commerce platform that includes research and development, a customer data platform, and an AI data pool across all endpoints.
NOGIN, INC. 
