PSQ Holdings reported third-quarter net revenue from continuing operations of $7.3 million, a 67% increase year-over-year, while GAAP operating loss narrowed by 66% to $3.3 million. The company delivered its second consecutive quarter of positive non-GAAP operating income at $0.3 million and reaffirmed its full-year revenue outlook of $32 million. Concurrently, PSQ completed the sale of its EveryLife consumer brand for gross proceeds of $5.5 million, concluding its exit from consumer businesses to focus exclusively on payments and financial infrastructure. The company also announced the remediation of a material weakness in internal controls over financial reporting related to cash flow statement presentation.
