Servotronics, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
For the six months, sales was USD 19.71 million compared to USD 17.92 million a year ago. Net loss was USD 11.05 million compared to USD 0.485 million a year ago. Basic loss per share from continuing operations was USD 1.67 compared to USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 1.67 compared to USD 0.14 a year ago. Basic loss per share was USD 4.49 compared to USD 0.2 a year ago. Diluted loss per share was USD 4.49 compared to USD 0.2 a year ago.