Nel ASA reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was NOK 365.91 million compared to NOK 302.5 million a year ago. Revenue was NOK 391.29 million compared to NOK 320.88 million a year ago. Net loss was NOK 115.16 million compared to NOK 226.29 million a year ago. Basic loss per share was NOK 0.07 compared to NOK 0.14 a year ago. Diluted loss per share was NOK 0.07 compared to NOK 0.14 a year ago.
For the nine months, sales was NOK 974.35 million compared to NOK 937.87 million a year ago. Revenue was NOK 1,044.46 million compared to NOK 989.9 million a year ago. Net loss was NOK 180.52 million compared to NOK 760.81 million a year ago. Basic loss per share was NOK 0.11 compared to NOK 0.46 a year ago. Diluted loss per share was NOK 0.11 compared to NOK 0.46 a year ago.