Kitron ASA reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was EUR 167.6 million compared to EUR 206.3 million a year ago. Net income was EUR 10.4 million compared to EUR 15.7 million a year ago. Basic earnings per share from continuing operations was EUR 0.05 compared to EUR 0.08 a year ago. Diluted earnings per share from continuing operations was EUR 0.05 compared to EUR 0.08 a year ago.
For the six months, sales was EUR 341.5 million compared to EUR 396.9 million a year ago. Net income was EUR 16.9 million compared to EUR 29 million a year ago. Basic earnings per share from continuing operations was EUR 0.09 compared to EUR 0.15 a year ago. Diluted earnings per share from continuing operations was EUR 0.08 compared to EUR 0.15 a year ago.