Vaso Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 9.84 million compared to USD 10.58 million a year ago. Revenue was USD 20.04 million compared to USD 18.43 million a year ago. Net income was USD 2.5 million compared to USD 0.651 million a year ago. Basic earnings per share from continuing operations was USD 0.01. Diluted earnings per share from continuing operations was USD 0.01.
For the nine months, sales was USD 29.86 million compared to USD 32.28 million a year ago. Revenue was USD 56.55 million compared to USD 51.08 million a year ago. Net income was USD 3.65 million compared to USD 2.79 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago.