C-Com Satellite Systems Inc. reported earnings results for the second quarter and six months ended May 31, 2022. For the second quarter, the company reported sales was CAD 3.72 million compared to CAD 0.836734 million a year ago. Net income was CAD 0.368525 million compared to net loss of CAD 0.219203 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to basic loss per share from continuing operations of CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to diluted loss per share from continuing operations of CAD 0.01 a year ago.
For the six months, sales was CAD 6.72 million compared to CAD 5.56 million a year ago. Net income was CAD 0.962099 million compared to CAD 1.27 million a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.03 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to CAD 0.03 a year ago.