Itera ASA Reports Earnings Results for the First Quarter Ended March 31, 2022
June 02, 2022 at 04:01 am EDT
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Itera ASA reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was NOK 176.02 million compared to NOK 144.45 million a year ago. Net income was NOK 11.34 million compared to NOK 14.25 million a year ago. Basic earnings per share from continuing operations was NOK 0.25 compared to NOK 0.21 a year ago. Diluted earnings per share from continuing operations was NOK 0.25 compared to NOK 0.21 a year ago.
Itera ASA is a Norway-based communication and technology company. The Company is a specialist in creating digital business, with communication, technology and innovation as the core competency tools. Itera delivers projects and services in cross-functional teams to Nordic organisations that see the instrumental contribution that innovation, efficient communication and smart utilization of technology can make to achieving their goals. The Company's core sectors are banking and insurance, public, healthcare, the service industry, energy and utility. Itera has operations in Norway, Sweden, Denmark, Iceland, Slovakia and Ukraine and delivers solutions and services to about 20 countries, including all Nordic countries.