PNE AG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 24.59 million compared to EUR 13.48 million a year ago. Revenue was EUR 46.86 million compared to EUR 40.73 million a year ago. Net loss was EUR 3.74 million compared to EUR 9.55 million a year ago. Basic loss per share from continuing operations was EUR 0.05 compared to EUR 0.13 a year ago. Diluted loss per share from continuing operations was EUR 0.05 compared to EUR 0.13 a year ago.
For the nine months, sales was EUR 76.72 million compared to EUR 54.21 million a year ago. Revenue was EUR 152.07 million compared to EUR 134.62 million a year ago. Net income was EUR 6.64 million compared to net loss of EUR 8.51 million a year ago. Basic earnings per share from continuing operations was EUR 0.09 compared to basic loss per share from continuing operations of EUR 0.11 a year ago. Diluted earnings per share from continuing operations was EUR 0.09 compared to diluted loss per share from continuing operations of EUR 0.11 a year ago.