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Sugarmade Inc.  (SGMD)
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A Blowout performance, by Sugarmade Inc. over the third quarter of 2022 earnings season

Sugarmade Inc. delivered third quarter of 2022 operating loss of $-1.381757 millions

Published 2022-05-31T14:05:48-04:00
Goran Soko / CSIMarket.com Contributer
Post-It_Photo_Pavel_Krok__[CC-BY-SA-2.5_(http_creativecommons.org_licenses_by-sa_2.5)]_via_Wikimedia_CommonFor the third quarter of 2022 Sugarmade Inc. reached balanced books of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the previous reporting period.

Revenues advanced sharply by 217.481 % to $1.29 millions from $0.40 millions in the similar reporting period a year ago and sequentially Revenues advanced by 4.003 % from $1.24 millions.




In the third quarter of 2022 Sugarmade Inc. reported net loss of $-5.076 million, instead of deficit of $-5.586 millions in the similar reporting period a year ago.


Sugarmade Inc. is expected to report next financial results on August 31, 2022.


    Recently Reported Results
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Compelling quarter by Barnwell Industries Inc. over the most recent fiscal period

Barnwell Industries Inc. announced net profit per share of $0.25 and Revenue of $6.68 millions in the financial span ending June 30 2022, company's net profit per share plummeted $0.25 per share, versus $0.59 eps, earned in the same span a previous year, although Barnwell Industries Inc. saw its Revenue rise by 56.981 % in the same period.


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Redemption of Losses at the Star Equity Holdings Inc. all along the second quarter of 2022 earnings season

For the second quarter of 2022 earnings season STRR decreased loss per share of $-0.10 per share compare to $-0.37 a year prior and EPS improved from $-0.29 per share from the prior reporting period.

Revenues rose widely by 19.034 % to $30.72 millions from $25.81 millions in the similar reporting period a year prior and sequentially Revenues improved by 22.632 % from $25.05 millions.


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Earnings per Share Drops at CBAN all along the financial second quarter of 2022

company announced earnings per share of $0.19 and Revenue of $28.29 millions in the second quarter of 2022 financial report, CBANs' earnings per share plummeted $0.19 per share, versus $0.42 eps, earned in the same span a preceding year, although CBAN saw its Revenue rise by 23.247 % in the same period.


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Revenues fall back extensively at the company amid the financial interval ending June 30 2022

For the most recent fiscal period company profitability turned positive of $1.91 per share compare to $-3.56 a year before and earnings per share increased by 13.69 % from $1.68 per share from the preceding reporting season.

Revenues crumbled by -28.022 % to $7.77 millions from $10.80 millions in the comparable reporting season a year before and sequentially Revenue decreased by -0.218 % from $7.79 millions.


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U.S. construction spending dropped in the June 2022

Outlays for U.S. construction projects fell after recent increases, as decline in private spending offset an increase in public spending.
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Inflation accelerates in June 2022

Prices increased on the faster pace again, adding to inflationary worries.
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Economy gains 528,000 jobs in July 2022, unemployment rate 3.5 %

The nonfarm payrolls grew 528,000 in July 2022, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

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Vanishing Diminishing Returns at BBI amid the second quarter of 2022 earnings season

For the second quarter of 2022 earnings season company decreased loss per share of $-0.01 per share compare to $-0.16 a year before and earnings per share improved from $-0.08 per share from the preceding reporting season.

Revenues increased sharply by 2757.616 % to $4.32 millions from $0.15 millions in the corresponding reporting season a year before and sequentially Revenue doubled by 4590.217 % from $0.09 millions.


Dryvax_pd Spectrum Pharmaceuticals Inc.

The Major Pharmaceutical Preparations company announced operating shortfall in the second quarter of 2022

As the earnings cycle of fiscal April to June 30 2022 season goes on, many businesses have announced the results. Among them, are several constituents of the Major Pharmaceutical Preparations industry. And now, Spectrum Pharmaceuticals Inc. reported operating shortfall of $-25.392 millions, for the financial time-frame ending June 30 2022.


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Excellent behavior by FRPH in the fiscal span closing Jun 30 2022

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Insignificant -4.159 %, contruction in Revenues at RVSB in the first quarter of 2022 earnings season

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Earnings and Revenues Increased

Resmed Inc. had financial interval ending June 30 2022 Revenue an increase of 4.01 % to $1.30 billions from $1.25 billions from the corresponding financial reporting period a year ago, Resmed Inc. rose eps by 0.29 % to $1.32, from $1.32 in the prior year financial reporting period.
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Revenues have tumbled at the company all along the second quarter of 2022 earnings season

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Other SGMD's Earnings Reports

Sugarmade reported first quarter 2022 earnings

Sugarmade reported fourth quarter 2021 earnings

Sugarmade reported third quarter 2021 earnings
       
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