Yunhong CTI Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 2.26 million compared to USD 5.18 million a year ago. Net loss was USD 0.969 million compared to USD 0.633 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.07 a year ago. Basic loss per share was USD 0.12 compared to USD 0.14 a year ago. Diluted loss per share was USD 0.12 compared to USD 0.14 a year ago.
For the nine months, sales was USD 12.48 million compared to USD 17.5 million a year ago. Net loss was USD 1.39 million compared to net income of USD 0.738 million a year ago. Basic loss per share from continuing operations was USD 0.28 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.28 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago. Basic loss per share was USD 0.28 compared to USD 0.2 a year ago. Diluted loss per share was USD 0.28 compared to USD 0.2 a year ago.