IO Biotech, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 18.5 million compared to USD 38.36 million a year ago. Basic loss per share from continuing operations was USD 0.64 compared to USD 228.29 a year ago. Diluted loss per share from continuing operations was USD 0.64 compared to USD 228.29 a year ago.
For the six months, net loss was USD 35.7 million compared to USD 42.11 million a year ago. Basic loss per share from continuing operations was USD 1.24 compared to USD 259.82 a year ago. Diluted loss per share from continuing operations was USD 1.24 compared to USD 259.82 a year ago.