Observe Medical 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 3.38 million compared to NOK 7.61 million a year ago. Net loss was NOK 14.79 million compared to NOK 8.44 million a year ago. Basic loss per share from continuing operations was NOK 0.28 compared to NOK 0.43 a year ago.
For the nine months, sales was NOK 15.39 million compared to NOK 20.45 million a year ago. Net loss was NOK 31.96 million compared to NOK 11.93 million a year ago. Basic loss per share from continuing operations was NOK 0.71 compared to NOK 0.61 a year ago.