Sudatel Telecom Group Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 95.99 million compared to USD 107.82 million a year ago. Net loss was USD 9.52 million compared to net income of USD 34.29 million a year ago. Basic loss per share from continuing operations was USD 0.0072 compared to basic earnings per share from continuing operations of USD 0.0259 a year ago.
For the nine months, sales was USD 319.78 million compared to USD 296.04 million a year ago. Net loss was USD 3.37 million compared to net income of USD 66.91 million a year ago. Basic loss per share from continuing operations was USD 0.0025 compared to basic earnings per share from continuing operations of USD 0.0508 a year ago.