C-Com Satellite Systems Inc. reported earnings results for the third quarter and nine months ended August 31, 2022. For the third quarter, the company reported sales was CAD 2.04 million compared to CAD 1.01 million a year ago. Net income was CAD 0.233935 million compared to net loss of CAD 0.038251 million a year ago. Basic earnings per share from continuing operations was CAD 0.01. Diluted earnings per share from continuing operations was CAD 0.01.
For the nine months, sales was CAD 8.76 million compared to CAD 6.57 million a year ago. Net income was CAD 1.2 million compared to CAD 1.23 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago. Diluted earnings per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago.