TILT Holdings Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 40.49 million compared to USD 53.36 million a year ago. Net loss was USD 15.69 million compared to net income of USD 1.03 million a year ago. Basic loss per share from continuing operations was USD 0.04.
For the nine months, sales was USD 129.89 million compared to USD 148.65 million a year ago. Net loss was USD 34.37 million compared to USD 15 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.04 a year ago.