Avenue Therapeutics, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was USD 0.526 million compared to net loss of USD 0.662 million a year ago. Basic earnings per share from continuing operations was USD 4.5 compared to basic loss per share from continuing operations of USD 33.7501 a year ago. Diluted earnings per share from continuing operations was USD 4.5 compared to diluted loss per share from continuing operations of USD 33.7501 a year ago.
For the nine months, net loss was USD 11.02 million compared to USD 4.13 million a year ago. Basic loss per share from continuing operations was USD 115.5003 compared to USD 214.5005 a year ago. Diluted loss per share from continuing operations was USD 115.5003 compared to USD 214.5005 a year ago.