Stingray Group Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was CAD 89.24 million compared to CAD 75.03 million a year ago. Net income was CAD 12.94 million compared to CAD 12.55 million a year ago. Basic earnings per share from continuing operations was CAD 0.19 compared to CAD 0.18 a year ago. Diluted earnings per share from continuing operations was CAD 0.19 compared to CAD 0.18 a year ago.
For the nine months, sales was CAD 245.01 million compared to CAD 209.98 million a year ago. Net income was CAD 25.67 million compared to CAD 28.82 million a year ago. Basic earnings per share from continuing operations was CAD 0.37 compared to CAD 0.4 a year ago. Diluted earnings per share from continuing operations was CAD 0.37 compared to CAD 0.4 a year ago.