TeraGo Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 6.63 million compared to CAD 10.9 million a year ago. Revenue was CAD 6.73 million compared to CAD 10.9 million a year ago. Net loss was CAD 3.11 million compared to CAD 1.8 million a year ago. Basic loss per share from continuing operations was CAD 0.16 compared to CAD 0.09 a year ago. Diluted loss per share from continuing operations was CAD 0.16 compared to CAD 0.09 a year ago.
For the six months, sales was CAD 14.41 million compared to CAD 21.73 million a year ago. Revenue was CAD 14.66 million compared to CAD 21.73 million a year ago. Net loss was CAD 6.25 million compared to CAD 3.96 million a year ago. Basic loss per share from continuing operations was CAD 0.32 compared to CAD 0.22 a year ago. Diluted loss per share from continuing operations was CAD 0.32 compared to CAD 0.22 a year ago.