AutoStore Holdings Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 145.2 million compared to USD 149.1 million a year ago. Revenue was USD 144.7 million compared to USD 147.4 million a year ago. Net income was USD 55 million compared to USD 13.6 million a year ago. Basic earnings per share from continuing operations was USD 0.016 compared to USD 0.004 a year ago. Diluted earnings per share from continuing operations was USD 0.016 compared to USD 0.004 a year ago.
For the nine months, sales was USD 470.2 million compared to USD 437.5 million a year ago. Revenue was USD 469.3 million compared to USD 436 million a year ago. Net loss was USD 73.3 million compared to net income of USD 72.9 million a year ago. Basic loss per share from continuing operations was USD 0.022 compared to basic earnings per share from continuing operations of USD 0.021 a year ago. Diluted loss per share from continuing operations was USD 0.022 compared to diluted earnings per share from continuing operations of USD 0.021 a year ago.