Enea AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 26, 2022 at 10:50 am IST
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Enea AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 229.3 million compared to SEK 229.5 million a year ago. Revenue was SEK 252.9 million compared to SEK 231.8 million a year ago. Net income was SEK 52.4 million compared to SEK 50.2 million a year ago. Basic earnings per share from continuing operations was SEK 1.69 compared to SEK 2.11 a year ago. Diluted earnings per share from continuing operations was SEK 1.69 compared to SEK 2.11 a year ago. Basic earnings per share was SEK 2.42 compared to SEK 2.33 a year ago. Diluted earnings per share was SEK 2.42 compared to SEK 2.33 a year ago.
For the nine months, sales was SEK 656.7 million compared to SEK 610.9 million a year ago. Revenue was SEK 691.6 million compared to SEK 621.1 million a year ago. Net income was SEK 185.5 million compared to SEK 145.7 million a year ago. Basic earnings per share from continuing operations was SEK 3.24 compared to SEK 6.17 a year ago. Diluted earnings per share from continuing operations was SEK 3.24 compared to SEK 6.17 a year ago. Basic earnings per share was SEK 8.61 compared to SEK 6.76 a year ago. Diluted earnings per share was SEK 8.61 compared to SEK 6.76 a year ago.
Enea AB is a Sweden-based supplier of software for telecommunications and cybersecurity. The Companyâs focus areas are 5G Data Management, Policy and Access Control, Wi-Fi Service Management, IoT Connectivity Services, Traffic Management, Traffic Intelligence, Operating Systems and Edge Virtualization.