Tidewater Renewables Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 24.24 million compared to CAD 19.7 million a year ago. Net loss was CAD 9.45 million compared to CAD 10.07 million a year ago. Basic loss per share from continuing operations was CAD 0.27 compared to CAD 0.29 a year ago. Diluted loss per share from continuing operations was CAD 0.27 compared to CAD 0.29 a year ago.
For the nine months, sales was CAD 57.3 million compared to CAD 56.68 million a year ago. Net loss was CAD 28.27 million compared to net income of CAD 11.81 million a year ago. Basic loss per share from continuing operations was CAD 0.81 compared to basic earnings per share from continuing operations of CAD 0.34 a year ago. Diluted loss per share from continuing operations was CAD 0.81 compared to diluted earnings per share from continuing operations of CAD 0.34 a year ago.