Kitron ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 179.2 million compared to EUR 165.5 million a year ago. Net income was EUR 9.7 million compared to EUR 7.5 million a year ago. Basic earnings per share from continuing operations was EUR 0.05 compared to EUR 0.04 a year ago. Diluted earnings per share from continuing operations was EUR 0.05 compared to EUR 0.04 a year ago.
For the nine months, sales was EUR 576.1 million compared to EUR 466.4 million a year ago. Net income was EUR 38.7 million compared to EUR 18.6 million a year ago. Basic earnings per share from continuing operations was EUR 0.2 compared to EUR 0.09 a year ago. Diluted earnings per share from continuing operations was EUR 0.19 compared to EUR 0.09 a year ago.