Greenlane Renewables Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 10.12 million compared to CAD 19.91 million a year ago. Net loss was CAD 5.03 million compared to net income of CAD 0.655 million a year ago. Basic loss per share from continuing operations was CAD 0.03. Diluted loss per share from continuing operations was CAD 0.03.
For the nine months, sales was CAD 40.52 million compared to CAD 54.27 million a year ago. Net loss was CAD 11.77 million compared to CAD 3.67 million a year ago. Basic loss per share from continuing operations was CAD 0.08. Diluted loss per share from continuing operations was CAD 0.08.