AutoStore Holdings Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 175.3 million compared to USD 165.3 million a year ago. Revenue was USD 175.5 million compared to USD 165.6 million a year ago. Net loss was USD 148.1 million compared to net income of USD 37.4 million a year ago. Basic loss per share from continuing operations was USD 0.044 compared to basic earnings per share from continuing operations of USD 0.011 a year ago. Diluted loss per share from continuing operations was USD 0.044 compared to diluted earnings per share from continuing operations of USD 0.011 a year ago.
For the six months, sales was USD 325 million compared to USD 288.3 million a year ago. Revenue was USD 324.7 million compared to USD 288.6 million a year ago. Net loss was USD 128.3 million compared to net income of USD 59.4 million a year ago. Basic loss per share from continuing operations was USD 0.038 compared to basic earnings per share from continuing operations of USD 0.017 a year ago. Diluted loss per share from continuing operations was USD 0.038 compared to diluted earnings per share from continuing operations of USD 0.017 a year ago.