November 21, 2023 at 12:05 am
Hydreight Technologies Inc. reported its results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue of $0.941337 million, compared to $0.317964 million a year ago. Revenue was C$3.09 million, up from C$1.14 million a year ago. Net loss was C$0.466973 million, compared to C$0.24036 million a year ago. The basis loss per share from continuing operations is CAD 0.01. Diluted loss per share from continuing operations was CAD 0.01.
For the nine months, revenue was C$2.5 million, compared to C$0.677308 million a year ago. Sales were $8.14 million Canadian, up from $2.57 million Canadian the previous year. Net loss was C$1.06 million, compared to C$0.934435 million a year ago. The basis loss per share from continuing operations is CAD 0.03. Diluted loss per share from continuing operations was CAD 0.03.
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