IAR Systems Group AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 118.6 million compared to SEK 118.1 million a year ago. Net income was SEK 6.1 million compared to SEK 14.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.45 compared to SEK 1.05 a year ago. Diluted earnings per share from continuing operations was SEK 0.45 compared to SEK 1.05 a year ago.
For the six months, sales was SEK 235.7 million compared to SEK 227.7 million a year ago. Net income was SEK 12.6 million compared to SEK 26.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.92 compared to SEK 1.93 a year ago. Diluted earnings per share from continuing operations was SEK 0.91 compared to SEK 1.93 a year ago.