ContextLogic Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 78 million compared to USD 134 million a year ago. Net loss was USD 80 million compared to USD 90 million a year ago. Basic loss per share from continuing operations was USD 3.38 compared to USD 4.05 a year ago.
For the six months, sales was USD 174 million compared to USD 323 million a year ago. Net loss was USD 169 million compared to USD 150 million a year ago. Basic loss per share from continuing operations was USD 7.21 compared to USD 6.77 a year ago.