4Front Ventures Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 2.89 million compared to USD 3.07 million a year ago. Revenue was USD 23 million compared to USD 28.1 million a year ago. Net loss was USD 62.1 million compared to USD 8.61 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago.
For the nine months, sales was USD 8.75 million compared to USD 8.98 million a year ago. Revenue was USD 76.46 million compared to USD 79.83 million a year ago. Net loss was USD 84.97 million compared to USD 21.06 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.02 a year ago.