Otello Corporation ASA reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was USD 0.1 million. Revenue was USD 0.1 million.

Net income was USD 4.7 million compared to USD 43.6 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.

Basic earnings per share was USD 0.05 compared to USD 0.33 a year ago. Diluted earnings per share was USD 0.05 compared to USD 0.33 a year ago.