Chorus Aviation Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 447.6 million compared to CAD 421.33 million a year ago. Net income was CAD 16.6 million compared to CAD 21.62 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to CAD 0.06 a year ago. Diluted earnings per share from continuing operations was CAD 0.04 compared to CAD 0.06 a year ago.
For the nine months, sales was CAD 1,259.62 million compared to CAD 1,156.05 million a year ago. Net income was CAD 67.18 million compared to CAD 3.69 million a year ago. Basic earnings per share from continuing operations was CAD 0.21 compared to basic loss per share from continuing operations of CAD 0.05 a year ago. Diluted earnings per share from continuing operations was CAD 0.2 compared to diluted loss per share from continuing operations of CAD 0.05 a year ago.