Appgate, 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 10.22 million compared to USD 11.13 million a year ago. Net loss was USD 85.1 million compared to net income of USD 61.4 million a year ago. Basic loss per share from continuing operations was USD 0.65 compared to basic earnings per share from continuing operations of USD 0.47 a year ago. Diluted loss per share from continuing operations was USD 0.65 compared to USD 0.21 a year ago.
For the six months, sales was USD 21.5 million compared to USD 22.21 million a year ago. Net loss was USD 77.4 million compared to USD 7.7 million a year ago. Basic loss per share from continuing operations was USD 0.59 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.69 compared to USD 0.38 a year ago.