Sphere 3D Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 10:01 pm
Sphere 3D Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.787 million. Revenue was USD 1.36 million compared to USD 1.04 million a year ago. Net loss was USD 20.52 million compared to USD 2.4 million a year ago. Basic loss per share from continuing operations was USD 2.17 compared to USD 0.49 a year ago.
For the nine months, sales was USD 2.75 million. Revenue was USD 4.65 million compared to USD 2.88 million a year ago. Net loss was USD 75.86 million compared to USD 7.65 million a year ago. Basic loss per share from continuing operations was USD 8.05 compared to USD 2.87 a year ago.