Sutro Biopharma, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 28.1 million compared to USD 28.05 million a year ago. Net loss was USD 26.01 million compared to USD 6.15 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to USD 0.13 a year ago.
For the six months, sales was USD 33.99 million compared to USD 42.71 million a year ago. Net loss was USD 65.12 million compared to USD 36.51 million a year ago. Basic loss per share from continuing operations was USD 1.39 compared to USD 0.79 a year ago. Diluted loss per share from continuing operations was USD 1.39 compared to USD 0.79 a year ago.