Gafisa S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BRL 351.65 million compared to BRL 166.75 million a year ago. Net loss was BRL 49.36 million compared to net income of BRL 6.19 million a year ago. Basic loss per share from continuing operations was BRL 1.376 compared to basic earnings per share from continuing operations of BRL 0.189 a year ago. Diluted loss per share from continuing operations was BRL 1.376 compared to diluted earnings per share from continuing operations of BRL 0.153 a year ago.
For the nine months, revenue was BRL 810.22 million compared to BRL 596.11 million a year ago. Net loss was BRL 79.49 million compared to net income of BRL 32.26 million a year ago. Basic loss per share from continuing operations was BRL 2.217 compared to basic earnings per share from continuing operations of BRL 0.988 a year ago. Diluted loss per share from continuing operations was BRL 2.217 compared to diluted earnings per share from continuing operations of BRL 0.798 a year ago.