Cavotec SA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was EUR 0.932 million compared to net income of EUR 0.9 million a year ago. Basic loss per share from continuing operations was EUR 0.009 compared to basic earnings per share from continuing operations of EUR 0.017 a year ago. Basic loss per share was EUR 0.009 compared to basic earnings per share of EUR 0.009 a year ago.
For the six months, net loss was EUR 2.28 million compared to EUR 3.31 million a year ago. Basic loss per share from continuing operations was EUR 0.022 compared to basic earnings per share from continuing operations of EUR 0.014 a year ago. Basic loss per share was EUR 0.022 compared to EUR 0.035 a year ago.