Nightfood Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
June 18, 2024 at 01:46 am IST
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Nightfood Holdings, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 0.001352 million compared to USD 0.010605 million a year ago. Net loss was USD 0.669719 million compared to net income of USD 0.985893 million a year ago. Basic loss per share from continuing operations was USD 0.006 compared to basic earnings per share from continuing operations of USD 0.03 a year ago.
For the nine months, sales was USD 0.010423 million compared to USD 0.103944 million a year ago. Net loss was USD 2.59 million compared to USD 4.78 million a year ago. Basic loss per share from continuing operations was USD 0.021 compared to USD 0.06 a year ago.
Nightfood Holdings, Inc. is a holding company focused on identifying and exploiting market trends within the hospitality, food services, and consumer goods sectors. The Company's operations are conducted by its two subsidiaries: Nightfood, Inc. (Nightfood) and Future Hospitality Ventures Holdings, Inc. (Future Hospitality). Nightfood is a nighttime snack company, which is engaged in the business of manufacturing, marketing and distributing snacks specially formulated and promoted for evening consumption. The Nightfood brand includes sleep-friendly versions of the nighttime snack formats. In addition to ice cream pints, its products include cookies, chips, ice cream sandwiches, candy, and nutrition bars. It is focused on offering two flavors in ice cream, Midnight Chocolate and Cookies n' Dreams. Future Hospitality is a provider of robotics and automation solutions to the hospitality and food service industries. It provides artificial intelligence (AI) enabled robotic solutions.
NIGHTFOOD HOLDINGS, INC. 
