Beneficient reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported negative revenue was USD 11.44 million compared to USD 3.58 million a year ago. Net loss was USD 36.89 million compared to USD 80.54 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 1.31 a year ago.
For the nine months, negative revenue was USD 86.44 million compared to revenue of USD 52.95 million a year ago. Net loss was USD 96.02 million compared to USD 88.22 million a year ago. Basic loss per share from continuing operations was USD 1.42 compared to USD 1.68 a year ago.