Storytel AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 03:00 am EDT
Storytel AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 895.76 million compared to SEK 805.82 million a year ago. Net loss was SEK 4.68 million compared to SEK 2.95 million a year ago. Basic loss per share from continuing operations was SEK 0.06 compared to SEK 0.04 a year ago. Diluted loss per share from continuing operations was SEK 0.06 compared to SEK 0.04 a year ago.
For the nine months, sales was SEK 2,543.12 million compared to SEK 2,333.72 million a year ago. Net loss was SEK 99.19 million compared to SEK 291.24 million a year ago. Basic loss per share from continuing operations was SEK 1.29 compared to SEK 4.27 a year ago. Diluted loss per share from continuing operations was SEK 1.29 compared to SEK 4.27 a year ago.