Sats ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 28, 2022 at 04:19 am EDT
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Sats ASA reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NOK 967 million compared to NOK 971 million a year ago. Net loss was NOK 52 million compared to NOK 2 million a year ago. Basic loss per share from continuing operations was NOK 0.26 compared to NOK 0.01 a year ago. Diluted loss per share from continuing operations was NOK 0.26 compared to NOK 0.01 a year ago.
For the nine months, sales was NOK 3,001 million compared to NOK 2,245 million a year ago. Net loss was NOK 96 million compared to NOK 386 million a year ago. Basic loss per share from continuing operations was NOK 0.49 compared to NOK 2.26 a year ago. Diluted loss per share from continuing operations was NOK 0.49 compared to NOK 2.25 a year ago.
Sats ASA is a Norway-based company engaged in providing fitness and training services. The Company offers studio facilities for individual training and has a broad training offering with programming and qualified personal trainers for specialized training and individual coaching. The Company also focuses on supporting members outside its physical clubs, using online training and digital tools. The Company serves customers in Norway, Denmark, Sweden and Finland.
SATS ASA 
