Itera ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 24, 2022 at 11:50 pm EDT
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Itera ASA reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NOK 183.51 million compared to NOK 150.83 million a year ago. Net income was NOK 14.76 million compared to NOK 12.78 million a year ago. Basic earnings per share from continuing operations was NOK 0.2 compared to NOK 0.21 a year ago. Diluted earnings per share from continuing operations was NOK 0.2 compared to NOK 0.21 a year ago.
For the six months, sales was NOK 359.52 million compared to NOK 295.28 million a year ago. Net income was NOK 26.1 million compared to NOK 27.03 million a year ago. Basic earnings per share from continuing operations was NOK 0.45 compared to NOK 0.43 a year ago. Diluted earnings per share from continuing operations was NOK 0.45 compared to NOK 0.42 a year ago.
Itera ASA is a Norway-based communication and technology company. The Company is a specialist in creating digital business, with communication, technology and innovation as the core competency tools. Itera delivers projects and services in cross-functional teams to Nordic organisations that see the instrumental contribution that innovation, efficient communication and smart utilization of technology can make to achieving their goals. The Company's core sectors are banking and insurance, public, healthcare, the service industry, energy and utility. Itera has operations in Norway, Sweden, Denmark, Iceland, Slovakia and Ukraine and delivers solutions and services to about 20 countries, including all Nordic countries.
ITERA ASA 
