Nanophase Technologies Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 11.87 million compared to USD 11.22 million a year ago. Net income was USD 0.333 million compared to USD 0.05 million a year ago. Basic earnings per share from continuing operations was USD 0.01. Diluted earnings per share from continuing operations was USD 0.01.
For the six months, revenue was USD 21.33 million compared to USD 19.38 million a year ago. Net loss was USD 0.825 million compared to net income of USD 0.112 million a year ago. Basic loss per share from continuing operations was USD 0.02.