Itera ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 25, 2022 at 06:11 am EDT
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Itera ASA reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NOK 170.86 million compared to NOK 138.94 million a year ago. Net income was NOK 8.05 million compared to NOK 7.61 million a year ago. Basic earnings per share from continuing operations was NOK 0.1 compared to NOK 0.14 a year ago. Diluted earnings per share from continuing operations was NOK 0.1 compared to NOK 0.14 a year ago.
For the nine months, sales was NOK 530.39 million compared to NOK 434.22 million a year ago. Net income was NOK 34.15 million compared to NOK 34.64 million a year ago. Basic earnings per share from continuing operations was NOK 0.55 compared to NOK 0.56 a year ago. Diluted earnings per share from continuing operations was NOK 0.55 compared to NOK 0.56 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.
ITERA ASA 
