Venus Concept Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 11.87 million compared to USD 12.79 million a year ago. Revenue was USD 27.27 million compared to USD 25.83 million a year ago. Net loss was USD 10.56 million compared to net income of USD 0.377 million a year ago. Basic loss per share from continuing operations was USD 2.4 compared to basic earnings per share from continuing operations of USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 2.4 compared to diluted earnings per share from continuing operations of USD 0.15 a year ago.
For the six months, sales was USD 22.3 million compared to USD 21.32 million a year ago. Revenue was USD 53.67 million compared to USD 48.43 million a year ago. Net loss was USD 19.18 million compared to USD 8.88 million a year ago. Basic loss per share from continuing operations was USD 4.5 compared to USD 2.4 a year ago. Diluted loss per share from continuing operations was USD 4.5 compared to USD 2.4 a year ago.