Cavotec SA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was EUR 0.104 million compared to net loss of EUR 3 million a year ago. Basic earnings per share from continuing operations was EUR 0.001 compared to EUR 0.022 a year ago. Basic earnings per share was EUR 0.001 compared to basic loss per share of EUR 0.032 a year ago.
For the nine months, net loss was EUR 2.17 million compared to EUR 6.3 million a year ago. Basic loss per share from continuing operations was EUR 0.021 compared to basic earnings per share from continuing operations of EUR 0.037 a year ago. Basic loss per share was EUR 0.021 compared to EUR 0.067 a year ago.