Quipt Home Medical Corp. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was USD 24.52 million compared to USD 17.87 million a year ago. Revenue was USD 58.12 million compared to USD 33.55 million a year ago. Net loss was USD 0.749 million compared to net income of USD 5.04 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.14 a year ago.
For the six months, sales was USD 42.94 million compared to USD 32.85 million a year ago. Revenue was USD 98.94 million compared to USD 63.08 million a year ago. Net loss was USD 0.425 million compared to net income of USD 2.91 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.08 a year ago.