Cronos Group 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 33.91 million compared to USD 26.07 million a year ago. Revenue was USD 24.81 million compared to USD 20.41 million a year ago. Net loss was USD 1.64 million compared to USD 36.99 million a year ago.
For the nine months, sales was USD 86.26 million compared to USD 80.24 million a year ago. Revenue was USD 63.33 million compared to USD 64.72 million a year ago. Net loss was USD 29.17 million compared to USD 89.85 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.21 a year ago. Basic loss per share was USD 0.08 compared to USD 0.24 a year ago. Diluted loss per share was USD 0.08 compared to USD 0.24 a year ago.