Space-Communication Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 24.6 million compared to USD 24.18 million a year ago. Net loss was USD 2.56 million compared to USD 20.41 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.85 a year ago. Diluted loss per share from continuing operations was USD 0.07.
For the six months, sales was USD 48.8 million compared to USD 48.32 million a year ago. Net loss was USD 4.39 million compared to USD 22.57 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.94 a year ago.