Electrovaya Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 10.7 million compared to USD 8.47 million a year ago. Net loss was USD 0.839 million compared to USD 0.303 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
For the six months, sales was USD 22.79 million compared to USD 17.03 million a year ago. Net loss was USD 1.05 million compared to USD 2.89 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.09 a year ago.