Postmedia Network Canada Corp. reported earnings results for the second quarter and six months ended February 28, 2023. For the second quarter, the company reported revenue was CAD 111.83 million compared to CAD 102.48 million a year ago. Net loss was CAD 20.78 million compared to CAD 22.11 million a year ago. Basic loss per share from continuing operations was CAD 0.21 compared to CAD 0.24 a year ago. Diluted loss per share from continuing operations was CAD 0.21 compared to CAD 0.24 a year ago.
For the six months, revenue was CAD 236 million compared to CAD 220.55 million a year ago. Net loss was CAD 36.69 million compared to CAD 26.53 million a year ago. Basic loss per share from continuing operations was CAD 0.37 compared to CAD 0.28 a year ago. Diluted loss per share from continuing operations was CAD 0.37 compared to CAD 0.28 a year ago.