TerrAscend Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 89.62 million compared to USD 66.57 million a year ago. Revenue was USD 89.24 million compared to USD 66.24 million a year ago. Net loss was USD 10.83 million compared to USD 313.21 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 1.19 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 1.19 a year ago. Basic loss per share was USD 0.04 compared to USD 1.23 a year ago. Diluted loss per share was USD 0.04 compared to USD 1.23 a year ago.
For the nine months, sales was USD 231.78 million compared to USD 179.85 million a year ago. Revenue was USD 230.76 million compared to USD 178.79 million a year ago. Net loss was USD 51.41 million compared to USD 316.35 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to USD 1.26 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to USD 1.26 a year ago. Basic loss per share was USD 0.19 compared to USD 1.32 a year ago. Diluted loss per share was USD 0.19 compared to USD 1.32 a year ago.