Orbital Infrastructure Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 93.91 million compared to USD 11.52 million a year ago. Net loss was USD 30.82 million compared to USD 8.21 million a year ago. Basic loss per share from continuing operations was USD 12.4 compared to USD 6.4 a year ago. Basic loss per share was USD 12.8 compared to USD 6.4 a year ago.
For the six months, sales was USD 164.17 million compared to USD 17.08 million a year ago. Net loss was USD 68.42 million compared to USD 26.17 million a year ago. Basic loss per share from continuing operations was USD 30 compared to USD 20.4 a year ago. Basic loss per share was USD 30.8 compared to USD 21.6 a year ago.