Cover Development Company (NASDAQ: CGC) reported second quarter 2022 earnings outcomes as we speak.
Internet income decreased 3% year-over-year to CAD131 million. Excluding the impression from acquired companies, web income dropped 13%.
Internet loss attributable to Cover Development Company was CAD11 million, or CAD0.03 per share, in comparison with CAD32 million, or CAD0.09 per share, final 12 months.
Money and short-term investments amounted to CAD2 billion at quarter-end.