Icelandair Group hf. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 19, 2023 at 12:39 pm EDT
Icelandair Group hf. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 13.71 million compared to USD 13.46 million a year ago. Revenue was USD 560.36 million compared to USD 486.73 million a year ago. Net income was USD 84.41 million compared to USD 55.03 million a year ago. Basic earnings per share from continuing operations was USD 0.0021 compared to USD 0.0016 a year ago.
For the nine months, sales was USD 52.25 million compared to USD 40.92 million a year ago. Revenue was USD 1,207.79 million compared to USD 974.34 million a year ago. Net income was USD 48.61 million compared to USD 8.76 million a year ago. Basic earnings per share from continuing operations was USD 0.0012 compared to USD 0.0004 a year ago.