India, Oct. 28 -- Aker Solutions ASA (AKRTF,AKSO.OL), a Norwegian Oil & Gas equipment & services company, reported Wednesday its third-quarter earnings, which declined on lower revenues. Looking forward, the company raised its outlook for fiscal 2026, and issued fiscal 2027 view, expecting lower revenues.
Aker shares were trading on the Oslo Exchange at 36.78 kroner, down 3.62 percent.
Net income for the third quarter was NOK 697 million, compared to NOK 872 million of the same period last year. The third-quarter basic earnings per share were NOK 1.44 and NOK 1.81, respectively.
Aker's adjusted net income for the quarter was NOK 704 million, up from NOK 863 million of the prior year third quarter.
The company's adjusted earnings per sha...