Emerson Radio Corp. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was USD 2.62 million compared to USD 1.93 million a year ago. Net loss was USD 0.421 million compared to USD 0.241 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
For the nine months, revenue was USD 6.87 million compared to USD 5.31 million a year ago. Net income was USD 1.65 million compared to net loss of USD 1.47 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.07 a year ago.