REC Silicon ASA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 40.5 million compared to USD 31.6 million a year ago. Net income was USD 104.4 million compared to net loss of USD 26 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.25 compared to diluted loss per share from continuing operations of USD 0.06 a year ago.
For the full year, sales was USD 141.1 million compared to USD 147.8 million a year ago. Net income was USD 30.5 million compared to net loss of USD 86.8 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to basic loss per share from continuing operations of USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to diluted loss per share from continuing operations of USD 0.21 a year ago. Basic earnings per share was USD 0.07 compared to basic loss per share of USD 0.21 a year ago. Diluted earnings per share was USD 0.07 compared to diluted loss per share of USD 0.21 a year ago.