Aspen Group Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was ILS 52.2 million compared to ILS 48 million a year ago. Revenue was ILS 60.74 million compared to ILS 56.47 million a year ago. Net loss was ILS 5.69 million compared to net income of ILS 27.06 million a year ago. Basic loss per share from continuing operations was ILS 0.09 compared to basic earnings per share from continuing operations of ILS 0.43 a year ago. Diluted loss per share from continuing operations was ILS 0.09 compared to diluted earnings per share from continuing operations of ILS 0.42 a year ago.
For the nine months, sales was ILS 163.37 million compared to ILS 142.87 million a year ago. Revenue was ILS 191.87 million compared to ILS 222.74 million a year ago. Net loss was ILS 56.38 million compared to net income of ILS 39.67 million a year ago. Basic loss per share from continuing operations was ILS 0.91 compared to basic earnings per share from continuing operations of ILS 0.62 a year ago. Diluted loss per share from continuing operations was ILS 0.91 compared to diluted earnings per share from continuing operations of ILS 0.62 a year ago.