Allied Corp. reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported net loss was USD 2.17 million compared to USD 2.65 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.03 a year ago.
For the nine months, sales was USD 0.069625 million compared to USD 0.049184 million a year ago. Net loss was USD 5.54 million compared to USD 15.04 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.16 a year ago.