Samsara Luggage, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 11:18 pm IST
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Samsara Luggage, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 0.101 million compared to USD 0.112 million a year ago. Net income was USD 0.049 million compared to net loss of USD 0.942 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.4 a year ago.
For the six months, sales was USD 0.349 million compared to USD 0.143 million a year ago. Net loss was USD 0.189 million compared to USD 1.23 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.55 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.55 a year ago.
Samsara Luggage, Inc. is engaged in designing, manufacturing, and selling smart luggage products to meet the needs of frequent travelers. It offers products, including suitcases, bags and travel accessories. Its suitcases products offer carry-on, grand carry-on, checked and aluminum, including carry-on yellow, carry-on white, grand carry-on black, tag smart aluminum silver, grand carry-on white, checked white, carry-on black, checked black, grand carry-on yellow, checked yellow, tag smart aluminum matte black. Its smart components of the suitcase include a liquid emitting diode light control inside the suitcase and an alert system that informs the owner of the suitcase's location if the suitcase is opened. It offers bag products, including laptop bags, travel bags, weekenders, urban slings, and packing bag sets. Its travel accessories include swing crossbody ivory, transit puffer tote silver, urban sling black, hydra water bottle, transit puffer tote black and samsara power bank.
SAMSARA LUGGAGE, INC. 
