Societal CDMO, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 21.8 million compared to USD 23.15 million a year ago. Net loss was USD 3.21 million compared to USD 3.12 million a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.06 a year ago.
For the six months, sales was USD 43.33 million compared to USD 44.35 million a year ago. Net loss was USD 7.9 million compared to USD 7.38 million a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.13 a year ago.