Cherry SE reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 27.26 million compared to EUR 32.12 million a year ago. Net loss was EUR 7.7 million compared to EUR 0.078 million a year ago. Basic loss per share from continuing operations was EUR 0.33. Diluted loss per share from continuing operations was EUR 0.33.
For the nine months, sales was EUR 88.57 million compared to EUR 97.98 million a year ago. Net loss was EUR 12.73 million compared to EUR 0.693 million a year ago. Basic loss per share from continuing operations was EUR 0.55 compared to EUR 0.03 a year ago. Diluted loss per share from continuing operations was EUR 0.55 compared to EUR 0.03 a year ago.