ECN Capital Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 45.69 million compared to USD 58.01 million a year ago. Net loss was USD 4.57 million compared to net income of USD 7.72 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 0.03 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 0.03 a year ago. Basic loss per share was USD 0.02 compared to basic earnings per share of USD 0.03 a year ago. Diluted loss per share was USD 0.02 compared to diluted earnings per share of USD 0.03 a year ago.
For the nine months, revenue was USD 131.46 million compared to USD 146.55 million a year ago. Net loss was USD 52.73 million compared to net income of USD 22.43 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago. Basic loss per share was USD 0.23 compared to basic earnings per share of USD 0.07 a year ago. Diluted loss per share was USD 0.23 compared to diluted earnings per share of USD 0.07 a year ago.