Sats ASA Reports Earnings Results for the First Quarter Ended March 31, 2022
May 02, 2022 at 07:00 pm
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Sats ASA reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was NOK 1,011 million compared to NOK 605 million a year ago. Net loss was NOK 56 million compared to NOK 221 million a year ago. Basic loss per share from continuing operations was NOK 0.31 compared to NOK 1.29 a year ago. Diluted loss per share from continuing operations was NOK 0.31 compared to NOK 1.29 a year ago.
Sats ASA is a Norway-based company engaged in providing fitness and training services. The Company offers studio facilities for individual training and has a broad training offering with programming and qualified personal trainers for specialized training and individual coaching. The Company also focuses on supporting members outside its physical clubs, using online training and digital tools. The Company serves customers in Norway, Denmark, Sweden and Finland.