Gaucho Group Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.440939 million compared to USD 2.61 million a year ago. Net loss was USD 4.73 million compared to net income of USD 0.976293 million a year ago. Basic loss per share from continuing operations was USD 21.9 compared to basic earnings per share from continuing operations of USD 13.5 a year ago.
For the nine months, sales was USD 1.27 million compared to USD 3.22 million a year ago. Net loss was USD 12.22 million compared to USD 1.38 million a year ago. Basic loss per share from continuing operations was USD 88.5 compared to USD 22.1 a year ago.