Veru Inc. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was USD 9.6 million compared to USD 17.66 million a year ago. Net loss was USD 22.2 million compared to USD 2.69 million a year ago. Basic loss per share from continuing operations was USD 0.28 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.28 compared to USD 0.03 a year ago.
For the nine months, sales was USD 36.77 million compared to USD 45.61 million a year ago. Net loss was USD 42.75 million compared to net income of USD 11.69 million a year ago. Basic loss per share from continuing operations was USD 0.53 compared to basic earnings per share from continuing operations of USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.53 compared to diluted earnings per share from continuing operations of USD 0.14 a year ago.