Doro AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 15, 2022 at 02:00 am EDT
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Doro AB (publ) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SEK 198.4 million compared to SEK 260.3 million a year ago. Net income was SEK 4.9 million compared to SEK 12.9 million a year ago. Basic earnings per share from continuing operations was SEK 0.2 compared to SEK 0.36 a year ago. Diluted earnings per share from continuing operations was SEK 0.2 compared to SEK 0.36 a year ago. Basic earnings per share was SEK 0.2 compared to SEK 0.54 a year ago. Diluted earnings per share was SEK 0.2 compared to SEK 0.54 a year ago.
For the six months, sales was SEK 402.9 million compared to SEK 459 million a year ago. Net income was SEK 8.3 million compared to SEK 31.7 million a year ago. Basic earnings per share from continuing operations was SEK 0.34 compared to SEK 1 a year ago. Diluted earnings per share from continuing operations was SEK 0.34 compared to SEK 1 a year ago. Basic earnings per share was SEK 0.34 compared to SEK 1.32 a year ago. Diluted earnings per share was SEK 0.34 compared to SEK 1.32 a year ago.
Doro AB is a Sweden-based company that develops and sells electronic products, primarily in the telecommunications sector. The Companyâs product portfolio is divided into three business units, namely Telecom in Care Electronics, which provides mobile phones, cordless and corded phones, remote controls, alarm clocks and headsets, among others; mHealth, which provides mobile-based services in the health sector, such as Doro 3.0, the mobile application for Android telephones; and CareTech, entailing information technology (IT) solutions like IT outsourcing and Web products and services such as content management as well as document management, among others. This range of products is available through several sales channels, including telecom operators and retailers in more than 40 countries.
DORO AB 
