Transphorm, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 4.67 million compared to USD 4.49 million a year ago. Net loss was USD 10 million compared to USD 10.46 million a year ago. Basic loss per share from continuing operations was USD 0.2 compared to USD 0.18 a year ago.
For the nine months, sales was USD 15.56 million compared to USD 13.32 million a year ago. Net loss was USD 24.58 million compared to USD 21.81 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to USD 0.38 a year ago.