Eletromidia S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was BRL 4.07 million compared to BRL 7.76 million a year ago.
For the nine months, net income was BRL 2.03 million compared to net loss of BRL 24.02 million a year ago. Basic earnings per share from continuing operations was BRL 0.01459 compared to basic loss per share from continuing operations of BRL 0.17215 a year ago. Diluted earnings per share from continuing operations was BRL 0.01372 compared to diluted loss per share from continuing operations of BRL 0.17215 a year ago.