Electreon Wireless Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was ILS 6 million compared to ILS 2.02 million a year ago. Net loss was ILS 20.48 million compared to ILS 21.54 million a year ago. Basic loss per share from continuing operations was ILS 1.83 compared to ILS 2.18 a year ago. Diluted loss per share from continuing operations was ILS 1.83.
For the nine months, sales was ILS 14.16 million compared to ILS 4.96 million a year ago. Net loss was ILS 56.11 million compared to ILS 58.47 million a year ago. Basic loss per share from continuing operations was ILS 5.27 compared to ILS 5.93 a year ago.