Cherry SE reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 32.61 million compared to EUR 32.89 million a year ago. Net income was EUR 0.288 million compared to net loss of EUR 0.362 million a year ago. Basic earnings per share from continuing operations was EUR 0.01 compared to basic loss per share from continuing operations of EUR 0.01 a year ago. Diluted earnings per share from continuing operations was EUR 0.01 compared to diluted loss per share from continuing operations of EUR 0.01 a year ago.
For the six months, sales was EUR 61.31 million compared to EUR 65.86 million a year ago. Net loss was EUR 5.03 million compared to EUR 0.615 million a year ago. Basic loss per share from continuing operations was EUR 0.22 compared to EUR 0.03 a year ago. Diluted loss per share from continuing operations was EUR 0.22 compared to EUR 0.03 a year ago.