Nortel AS reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was NOK 65.34 million compared to NOK 27.04 million a year ago. Net loss was NOK 9.64 million compared to NOK 7.2 million a year ago. Basic loss per share from continuing operations was NOK 0.51 compared to NOK 0.5 a year ago.
For the nine months, revenue was NOK 156.05 million compared to NOK 67.24 million a year ago. Net loss was NOK 33.83 million compared to NOK 23.77 million a year ago. Basic loss per share from continuing operations was NOK 2 compared to NOK 1.65 a year ago.