Flora Growth Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 17.32 million compared to USD 9.71 million a year ago. Net income was USD 1.24 million compared to net loss of USD 7.38 million a year ago. Basic earnings per share was USD 0.18 compared to basic loss per share of USD 1.93 a year ago. Diluted earnings per share was USD 0.16 compared to diluted loss per share of USD 1.93 a year ago.
For the nine months, sales was USD 58.1 million compared to USD 22.85 million a year ago. Net loss was USD 46.93 million compared to USD 39.58 million a year ago. Basic loss per share was USD 6.93 compared to USD 10.65 a year ago. Diluted loss per share was USD 6.93 compared to USD 10.65 a year ago.