Cherry AG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 32.12 million compared to EUR 43.06 million a year ago. Net loss was EUR 0.078 million compared to net income of EUR 6.08 million a year ago.
For the nine months, sales was EUR 97.98 million compared to EUR 123.39 million a year ago. Net loss was EUR 0.693 million compared to net income of EUR 3.54 million a year ago. Basic loss per share from continuing operations was EUR 0.03 compared to basic earnings per share from continuing operations of EUR 0.17 a year ago. Diluted loss per share from continuing operations was EUR 0.03 compared to diluted earnings per share from continuing operations of EUR 0.17 a year ago.