PhilWeb Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PHP 209.47 million compared to PHP 119.36 million a year ago. Net income was PHP 5.9 million compared to net loss of PHP 30.23 million a year ago. Basic earnings per share from continuing operations was PHP 0.005 compared to basic loss per share from continuing operations of PHP 0.024 a year ago. Diluted earnings per share from continuing operations was PHP 0.005 compared to diluted loss per share from continuing operations of PHP 0.024 a year ago.
For the nine months, revenue was PHP 594.65 million compared to PHP 354.1 million a year ago. Net income was PHP 23.53 million compared to net loss of PHP 52.95 million a year ago. Basic earnings per share from continuing operations was PHP 0.018 compared to basic loss per share from continuing operations of PHP 0.041 a year ago. Diluted earnings per share from continuing operations was PHP 0.018 compared to diluted loss per share from continuing operations of PHP 0.041 a year ago.