Indigo Books & Music Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was CAD 206.89 million compared to CAD 236.25 million a year ago. Net loss was CAD 22.39 million compared to CAD 15.9 million a year ago. Basic loss per share from continuing operations was CAD 0.8 compared to CAD 0.57 a year ago. Diluted loss per share from continuing operations was CAD 0.8 compared to CAD 0.57 a year ago.
For the six months, sales was CAD 386.06 million compared to CAD 440.8 million a year ago. Net loss was CAD 50.9 million compared to CAD 41.31 million a year ago. Basic loss per share from continuing operations was CAD 1.82 compared to CAD 1.49 a year ago. Diluted loss per share from continuing operations was CAD 1.82 compared to CAD 1.49 a year ago.