Greenidge Generation Holdings 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 22.93 million compared to USD 16.18 million a year ago. Revenue was USD 31.34 million compared to USD 16.18 million a year ago. Net loss was USD 107.88 million compared to net income of USD 3.52 million a year ago. Basic loss per share from continuing operations was USD 26.1 compared to basic earnings per share from continuing operations of USD 1.2 a year ago. Diluted loss per share from continuing operations was USD 26.1 compared to diluted earnings per share from continuing operations of USD 1 a year ago.
For the six months, sales was USD 52.08 million compared to USD 27.24 million a year ago. Revenue was USD 68.99 million compared to USD 27.24 million a year ago. Net loss was USD 108.31 million compared to net income of USD 4.8 million a year ago. Basic loss per share from continuing operations was USD 26.2 compared to basic earnings per share from continuing operations of USD 1.5 a year ago. Diluted loss per share from continuing operations was USD 26.2 compared to diluted earnings per share from continuing operations of USD 1.2 a year ago.