Pason Systems Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 93.09 million compared to CAD 92.5 million a year ago. Net income was CAD 27.73 million compared to CAD 34.25 million a year ago. Basic earnings per share from continuing operations was CAD 0.35 compared to CAD 0.42 a year ago. Diluted earnings per share from continuing operations was CAD 0.35 compared to CAD 0.41 a year ago.
For the nine months, sales was CAD 276.01 million compared to CAD 240.58 million a year ago. Net income was CAD 89.04 million compared to CAD 71.36 million a year ago. Basic earnings per share from continuing operations was CAD 1.1 compared to CAD 0.87 a year ago. Diluted earnings per share from continuing operations was CAD 1.1 compared to CAD 0.86 a year ago.