SMT Scharf AG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 22.12 million compared to EUR 23.07 million a year ago. Net income was EUR 3.38 million compared to EUR 4.99 million a year ago. Basic earnings per share from continuing operations was EUR 0.61 compared to EUR 0.91 a year ago. Diluted earnings per share from continuing operations was EUR 0.61 compared to EUR 0.9 a year ago.
For the nine months, sales was EUR 59.58 million compared to EUR 53.89 million a year ago. Net income was EUR 12.54 million compared to EUR 8.63 million a year ago. Basic earnings per share from continuing operations was EUR 2.29 compared to EUR 1.56 a year ago. Diluted earnings per share from continuing operations was EUR 2.27 compared to EUR 1.55 a year ago.