Knowit AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 25, 2023 at 01:30 am EDT
Share
Knowit 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 1,544.1 million compared to SEK 1,520.9 million a year ago. Net income was SEK 29.5 million compared to SEK 19 million a year ago. Basic earnings per share from continuing operations was SEK 1.08 compared to SEK 0.69 a year ago. Diluted earnings per share from continuing operations was SEK 1.08 compared to SEK 0.69 a year ago.
For the nine months, sales was SEK 5,273.4 million compared to SEK 4,860.9 million a year ago. Net income was SEK 148.8 million compared to SEK 267 million a year ago. Basic earnings per share from continuing operations was SEK 5.43 compared to SEK 9.74 a year ago. Diluted earnings per share from continuing operations was SEK 5.43 compared to SEK 9.74 a year ago.
Knowit AB is a Sweden-based consultancy company. It offers its clients information technology (IT) consulting services, IT solutions and tailored processes. Its offering comprises: Application Management, including activities that guarantee that a solution provides the functions that were ordered; Business and IT Management, reviewing processes, working methods and providing IT support; Decision Support, helping clients to make use of their own information; Systems Development, offering services from architecture and design to test and installation; Technology Management, focused on management, strategic development, product management, project management, architecture, quality assurance, safety engineering and modeling; Test and Quality Management, improving quality assurance through structured competency training for organizations; Web and Collaboration, including services such as Web Content Management; and Knowit Dataunit GmbH, specialized in defense and the manufacturing industry.
KNOWIT AB 
