Coffee Holding Co., Inc. reported earnings results for the third quarter and nine months ended July 31, 2023. For the third quarter, the company reported sales was USD 15.76 million compared to USD 17.01 million a year ago. Net loss was USD 0.111881 million compared to net income of USD 0.132381 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.
For the nine months, sales was USD 49.41 million compared to USD 50.22 million a year ago. Net loss was USD 1 million compared to net income of USD 0.045148 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.18 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.