MRV Engenharia e Participações S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 1,973.61 million compared to BRL 1,694.86 million a year ago. Net loss was BRL 136.53 million compared to net income of BRL 2.29 million a year ago. Basic loss per share from continuing operations was BRL 0.24743 compared to basic earnings per share from continuing operations of BRL 0.00474 a year ago. Diluted loss per share from continuing operations was BRL 0.24743 compared to diluted earnings per share from continuing operations of BRL 0.00473 a year ago.
For the nine months, sales was BRL 5,489.16 million compared to BRL 4,971.6 million a year ago. Net income was BRL 75.15 million compared to BRL 136.24 million a year ago. Basic earnings per share from continuing operations was BRL 0.14832 compared to BRL 0.28195 a year ago. Diluted earnings per share from continuing operations was BRL 0.14801 compared to BRL 0.28149 a year ago.