Planet Labs PBC reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 55.38 million compared to USD 49.7 million a year ago. Net loss was USD 38 million compared to USD 40.24 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.15 a year ago.
For the nine months, sales was USD 161.84 million compared to USD 138.28 million a year ago. Net loss was USD 110.42 million compared to USD 124.13 million a year ago. Basic loss per share from continuing operations was USD 0.4 compared to USD 0.47 a year ago.