Acreage Holdings, 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 58.12 million compared to USD 61.05 million a year ago. Revenue was USD 58.12 million compared to USD 61.35 million a year ago. Net loss was USD 16.16 million compared to USD 9.93 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.09 a year ago.
For the six months, sales was USD 113.99 million compared to USD 117.64 million a year ago. Revenue was USD 114.08 million compared to USD 118.23 million a year ago. Net loss was USD 30.75 million compared to USD 22.62 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to USD 0.21 a year ago.