Momentus Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 22.87 million compared to net income of USD 64.33 million a year ago. Basic loss per share from continuing operations was USD 0.28 compared to basic earnings per share from continuing operations of USD 1.25 a year ago. Diluted loss per share from continuing operations was USD 0.28 compared to USD 0.59 a year ago.
For the six months, net loss was USD 49.71 million compared to net income of USD 129 million a year ago. Basic loss per share from continuing operations was USD 0.62 compared to basic earnings per share from continuing operations of USD 2.36 a year ago. Diluted loss per share from continuing operations was USD 0.62 compared to USD 0.9 a year ago.