Koss Corporation reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 3.37 million compared to USD 4.63 million a year ago. Net loss was USD 0.232853 million compared to net income of USD 0.403204 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.
For the nine months, sales was USD 10 million compared to USD 13.42 million a year ago. Net income was USD 8.57 million compared to USD 0.882814 million a year ago. Basic earnings per share from continuing operations was USD 0.93 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.87 compared to USD 0.09 a year ago.