Micromem Technologies Inc. reported earnings results for the second quarter and six months ended April 30, 2023. For the second quarter, the company reported net loss was USD 3.9 million compared to net income of USD 0.107839 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss per share from continuing operations was USD 0.01.
For the six months, net loss was USD 4.11 million compared to USD 1.29 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss per share from continuing operations was USD 0.01.