init innovation in traffic systems SE reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 51.1 million compared to EUR 45.08 million a year ago. Net income was EUR 3.03 million compared to EUR 1.44 million a year ago. Basic earnings per share from continuing operations was EUR 0.31 compared to EUR 0.14 a year ago.
For the six months, sales was EUR 89.63 million compared to EUR 80.66 million a year ago. Net income was EUR 1.34 million compared to EUR 1.9 million a year ago. Basic earnings per share from continuing operations was EUR 0.14 compared to EUR 0.19 a year ago.