Franklin Wireless Corp. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was USD 6.69 million compared to USD 44.33 million a year ago. Net loss was USD 0.770818 million compared to net income of USD 3.94 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.33 a year ago.
For the nine months, sales was USD 11.85 million compared to USD 173.15 million a year ago. Net loss was USD 3.06 million compared to net income of USD 17.72 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to basic earnings per share from continuing operations of USD 1.57 a year ago. Diluted loss per share from continuing operations was USD 0.26 compared to diluted earnings per share from continuing operations of USD 1.54 a year ago.