Global Telecom Holding S.A.E. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was USD 6.9 million compared to net loss of USD 36.7 million a year ago. Basic earnings per share from continuing operations was USD 0.001 compared to basic loss per share from continuing operations of USD 0.008 a year ago.
For the nine months, net income was USD 18.8 million compared to net loss of USD 150.9 million a year ago. Basic earnings per share from continuing operations was USD 0.004 compared to basic loss per share from continuing operations of USD 0.032 a year ago.