Latch: Latch, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

Latch, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 8.84 million compared to USD 6.85 million a year ago. Net loss was USD 34.81 million compared to USD 33.45 million a year ago. Basic loss per share from continuing operations was USD 0.24 compared to USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 0.24 compared to USD 0.24 a year ago. For the nine months, revenue was USD 32.23 million compared to USD 18.57 million a year ago. Net loss was USD 133.26 million compared to USD 113.49 million a year ago. Basic loss per share from continuing operations was USD 0.93 compared to USD 1.67 a year ago. Diluted loss per share from continuing operations was USD 0.93 compared to USD 1.67 a year ago.