NOS, S.G.P.S., S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 11:42 am EST
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NOS, S.G.P.S., S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 28.44 million compared to EUR 27.89 million a year ago. Revenue was EUR 381.53 million compared to EUR 366.47 million a year ago. Net income was EUR 105.96 million compared to EUR 46.15 million a year ago. Basic earnings per share from continuing operations was EUR 0.21 compared to EUR 0.09 a year ago. Diluted earnings per share from continuing operations was EUR 0.21 compared to EUR 0.09 a year ago.
For the nine months, sales was EUR 89.73 million compared to EUR 66.89 million a year ago. Revenue was EUR 1,123.5 million compared to EUR 1,044.92 million a year ago. Net income was EUR 191.28 million compared to EUR 120.02 million a year ago. Basic earnings per share from continuing operations was EUR 0.37 compared to EUR 0.23 a year ago. Diluted earnings per share from continuing operations was EUR 0.37 compared to EUR 0.23 a year ago.
NOS, SGPS, S.A. is a telecoms and entertainment group in Portugal. It offers latest generation fixed and mobile phone, television, Internet, voice and data solutions for all market segments. It is leader in Pay TV, new generation broad band services and in cinema distribution. In the business segment, it has positioned itself as a sustainable alternative in the Corporate and Mass Business segments, offering a broad portfolio of products and services with tailor made solutions for each sector and for businesses of different sizes, complementing its offer with ICT and Cloud services.