INNOVATE Corp. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 409.3 million compared to USD 394.8 million a year ago.

Net loss was USD 5.7 million compared to USD 4.7 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.07 a year ago.