Nordic Semiconductor ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 135.03 million compared to USD 202.09 million a year ago. Net income was USD 1.18 million compared to USD 24.16 million a year ago. Basic earnings per share from continuing operations was USD 0.006 compared to USD 0.126 a year ago. Diluted earnings per share from continuing operations was USD 0.006 compared to USD 0.125 a year ago.
For the nine months, sales was USD 434.68 million compared to USD 585.36 million a year ago. Net income was USD 20.07 million compared to USD 90.9 million a year ago. Basic earnings per share from continuing operations was USD 0.105 compared to USD 0.475 a year ago. Diluted earnings per share from continuing operations was USD 0.104 compared to USD 0.472 a year ago.