Itera ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 24, 2023 at 04:45 am IST
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Itera ASA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NOK 225.24 million compared to NOK 183.51 million a year ago. Net income was NOK 14.78 million compared to NOK 14.76 million a year ago. Basic earnings per share from continuing operations was NOK 0.18 compared to NOK 0.2 a year ago. Diluted earnings per share from continuing operations was NOK 0.18 compared to NOK 0.2 a year ago.
For the six months, sales was NOK 455.54 million compared to NOK 359.52 million a year ago. Net income was NOK 39.26 million compared to NOK 26.1 million a year ago. Basic earnings per share from continuing operations was NOK 0.48 compared to NOK 0.45 a year ago. Diluted earnings per share from continuing operations was NOK 0.48 compared to NOK 0.45 a year ago.
Itera ASA is a Norway-based communication and technology company. The Company is a specialist in creating digital business, with communication, technology and innovation as the core competency tools. Itera delivers projects and services in cross-functional teams to Nordic organisations that see the instrumental contribution that innovation, efficient communication and smart utilization of technology can make to achieving their goals. The Company's core sectors are banking and insurance, public, healthcare, the service industry, energy and utility. Itera has operations in Norway, Sweden, Denmark, Iceland, Slovakia and Ukraine and delivers solutions and services to about 20 countries, including all Nordic countries.