Bang & Olufsen a/s reported earnings results for the third quarter and nine months ended February 28, 2023. For the third quarter, the company reported sales was DKK 635 million compared to DKK 775 million a year ago. Net loss was DKK 55 million compared to DKK 16 million a year ago. Basic loss per share from continuing operations was DKK 0.5 compared to DKK 0.1 a year ago. Diluted loss per share from continuing operations was DKK 0.5 compared to DKK 0.1 a year ago.
For the nine months, sales was DKK 2,106 million compared to DKK 2,250 million a year ago. Net loss was DKK 152 million compared to DKK 5 million a year ago. Basic loss per share from continuing operations was DKK 1.2. Diluted loss per share from continuing operations was DKK 1.2.