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Operating loss during the first quarter of 2023 improved to $2.6 million or $(1.01) per share, compared to $4.2 million or $(2.15) per share in the first quarter of 2022.
Source: https://forextv.com/top-news/reeds-reports-first-quarter-2023-results/
Operating loss for the first quarter of 2023 was $6.8 million compared to an operating loss of $8.1 million in the same period in the previous year.
Operating loss in Q3 was $0.5 million versus $0.1 million last year, reflecting the lower revenue.
Operating loss was $12.2 million, better than our expectations due to strong subscription and support gross profit and lower-than-expected operating costs.