Meta Materials Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 2.2 million compared to USD 2.46 million a year ago. Net loss was USD 8.74 million compared to USD 24.48 million a year ago. Basic loss per share from continuing operations was USD 2 compared to USD 7 a year ago. Diluted loss per share from continuing operations was USD 2 compared to USD 7 a year ago.
For the nine months, revenue was USD 5.64 million compared to USD 8.75 million a year ago. Net loss was USD 321.06 million compared to USD 63.89 million a year ago. Basic loss per share from continuing operations was USD 75 compared to USD 20 a year ago. Diluted loss per share from continuing operations was USD 75 compared to USD 20 a year ago.