Doro AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 21, 2022 at 02:00 am EDT
Share
Doro AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 241.2 million compared to SEK 269.4 million a year ago. Net income was SEK 16.6 million compared to SEK 27.2 million a year ago. Basic earnings per share from continuing operations was SEK 0.68 compared to SEK 1.23 a year ago. Diluted earnings per share from continuing operations was SEK 0.68 compared to SEK 1.23 a year ago. Basic earnings per share was SEK 0.68 compared to SEK 1.13 a year ago. Diluted earnings per share was SEK 0.68 compared to SEK 1.13 a year ago.
For the nine months, sales was SEK 644.1 million compared to SEK 728.4 million a year ago. Net income was SEK 24.9 million compared to SEK 59 million a year ago. Basic earnings per share from continuing operations was SEK 1.02 compared to SEK 2.23 a year ago. Diluted earnings per share from continuing operations was SEK 1.02 compared to SEK 2.23 a year ago. Basic earnings per share was SEK 1.02 compared to SEK 2.46 a year ago. Diluted earnings per share was SEK 1.02 compared to SEK 2.46 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 
