Beam Global Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:00 pm EST
Beam Global reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 6.61 million compared to USD 2.02 million a year ago. Net loss was USD 6.79 million compared to USD 1.69 million a year ago. Basic loss per share from continuing operations was USD 0.67 compared to USD 0.19 a year ago.
For the nine months, sales was USD 14.1 million compared to USD 5.51 million a year ago. Net loss was USD 11.87 million compared to USD 4.58 million a year ago. Basic loss per share from continuing operations was USD 1.21 compared to USD 0.52 a year ago.