Arch Therapeutics, Inc. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was USD 0.016654 million compared to USD 0.00313 million a year ago. Net loss was USD 0.902477 million compared to USD 0.790318 million a year ago. Basic loss per share from continuing operations was USD 0.71 compared to USD 0.67 a year ago.
For the six months, sales was USD 0.022914 million compared to USD 0.007826 million a year ago. Net loss was USD 2.7 million compared to USD 2.34 million a year ago. Basic loss per share from continuing operations was USD 2.15 compared to USD 1.98 a year ago.