STRAX GmbH: Strax AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

Strax AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was EUR 0.935 million compared to EUR 8.28 million a year ago. Net income was EUR 0.797 million compared to net loss of EUR 18.72 million a year ago. Diluted earnings per share from continuing operations was EUR 0.01 compared to diluted loss per share from continuing operations of EUR 0.15 a year ago. For the nine months, sales was EUR 7.42 million compared to EUR 24.91 million a year ago. Net loss was EUR 1.91 million compared to EUR 25.47 million a year ago. Diluted loss per share from continuing operations was EUR 0.02 compared to EUR 0.23 a year ago.