Electreon Wireless Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ILS 5.1 million compared to ILS 1.67 million a year ago. Net loss was ILS 19.37 million compared to ILS 19.57 million a year ago. Basic loss per share from continuing operations was ILS 1.83 compared to ILS 1.98 a year ago. Diluted loss per share from continuing operations was ILS 1.83.
For the six months, sales was ILS 8.15 million compared to ILS 2.94 million a year ago. Net loss was ILS 35.63 million compared to ILS 36.93 million a year ago. Basic loss per share from continuing operations was ILS 3.44 compared to ILS 3.75 a year ago.