Tel-Instrument Electronics Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
For the nine months, sales was USD 6.59 million compared to USD 10.91 million a year ago. Net loss was USD 0.31761 million compared to net income of USD 1.77 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to basic earnings per share from continuing operations of USD 0.47 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to diluted earnings per share from continuing operations of USD 0.35 a year ago.