Chorus Aviation Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 421.33 million compared to CAD 274.4 million a year ago. Net income was CAD 21.62 million compared to net loss of CAD 14.08 million a year ago. Basic earnings per share from continuing operations was CAD 0.06 compared to basic loss per share from continuing operations of CAD 0.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.06 compared to diluted loss per share from continuing operations of CAD 0.08 a year ago.
For the nine months, sales was CAD 1,156.05 million compared to CAD 676.76 million a year ago. Net income was CAD 3.69 million compared to net loss of CAD 30.64 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to CAD 0.18 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to CAD 0.18 a year ago.