Prismaflex International, S.A. reported earnings results for the fourth quarter and full year 2023. For the quarter, the company reported sales was USD 29.6 million compared to USD 38.9 million a year ago. Net loss was USD 14.7 million compared to USD 7.1 million a year ago. Basic loss per share from continuing operations was USD 1.01 compared to USD 0.81 a year ago. Diluted loss per share from continuing operations was USD 1.01 compared to USD 0.81 a year ago.

For the full year, the company reported sales was USD 97.7 million compared to USD 198.9 million a year ago. Net loss was USD 67.8 million compared to net income of USD 1.5 million a year ago. Basic loss per share from continuing operations was USD 6.00 compared to earnings of USD 7 a year ago. Diluted loss per share from continuing operations was USD 6.00 compared to earnings of USD 7 a year ago.