InCoax Networks 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 5.73 million compared to SEK 3.4 million a year ago. Revenue was SEK 7.37 million compared to SEK 11.41 million a year ago. Net loss was SEK 7.78 million compared to SEK 3.69 million a year ago. Basic loss per share from continuing operations was SEK 0.19 compared to SEK 0.1 a year ago. Diluted loss per share from continuing operations was SEK 0.19.
For the nine months, sales was SEK 16.89 million compared to SEK 12.3 million a year ago. Revenue was SEK 30.41 million compared to SEK 30.49 million a year ago. Net loss was SEK 19.19 million compared to SEK 16.58 million a year ago. Basic loss per share from continuing operations was SEK 0.47.