Quanergy Systems, 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 1.19 million compared to USD 0.905 million a year ago. Net loss was USD 25.67 million compared to USD 20.47 million a year ago. Basic loss per share from continuing operations was USD 4.4 compared to USD 6 a year ago.
For the six months, sales was USD 2.56 million compared to USD 1.29 million a year ago. Net loss was USD 130.36 million compared to USD 35.18 million a year ago. Basic loss per share from continuing operations was USD 25.4 compared to USD 10.8 a year ago.