IAR Systems Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 123.5 million compared to SEK 117.4 million a year ago. Net income was SEK 14 million compared to SEK 16.8 million a year ago. Basic earnings per share from continuing operations was SEK 1.02 compared to SEK 1.04 a year ago. Diluted earnings per share from continuing operations was SEK 1.01 compared to SEK 1.04 a year ago.
For the nine months, sales was SEK 359.2 million compared to SEK 345.1 million a year ago. Net income was SEK 26.5 million compared to SEK 43.2 million a year ago. Basic earnings per share from continuing operations was SEK 1.94 compared to SEK 2.72 a year ago. Diluted earnings per share from continuing operations was SEK 1.92 compared to SEK 2.71 a year ago.