Cronos Group Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 28.55 million compared to USD 18.85 million a year ago. Revenue was USD 23.06 million compared to USD 15.62 million a year ago. Net loss was USD 20.22 million compared to USD 179.07 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.48 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.48 a year ago.
For the six months, sales was USD 57.96 million compared to USD 33.5 million a year ago. Revenue was USD 48.09 million compared to USD 28.23 million a year ago. Net loss was USD 52.86 million compared to USD 340.39 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.92 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.92 a year ago.