init innovation in traffic systems SE reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 53.41 million compared to EUR 50.48 million a year ago. Net income was EUR 3.7 million compared to EUR 5.03 million a year ago. Basic earnings per share from continuing operations was EUR 0.37 compared to EUR 0.51 a year ago.
For the nine months, sales was EUR 143.04 million compared to EUR 131.14 million a year ago. Net income was EUR 5.04 million compared to EUR 6.93 million a year ago. Basic earnings per share from continuing operations was EUR 0.51.