Orca Energy Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 27.37 million compared to USD 30.54 million a year ago. Net income was USD 0.256 million compared to USD 11.44 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0.57 a year ago.
For the nine months, sales was USD 85.79 million compared to USD 86.21 million a year ago. Net income was USD 7.45 million compared to USD 25.4 million a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to USD 1.27 a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 1.27 a year ago.