Vasta Platform Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 180.42 million compared to BRL 124.13 million a year ago. Revenue was BRL 188.72 million compared to BRL 127.19 million a year ago. Net loss was BRL 75.99 million compared to BRL 70.82 million a year ago. Basic loss per share from continuing operations was BRL 0.91 compared to BRL 0.85 a year ago. Diluted loss per share from continuing operations was BRL 0.91 compared to BRL 0.85 a year ago.
For the nine months, sales was BRL 732.65 million compared to BRL 526.7 million a year ago. Revenue was BRL 759.26 million compared to BRL 549.16 million a year ago. Net loss was BRL 130.47 million compared to BRL 138.54 million a year ago. Basic loss per share from continuing operations was BRL 1.56 compared to BRL 1.67 a year ago. Diluted loss per share from continuing operations was BRL 1.56 compared to BRL 1.67 a year ago.