India, Nov. 9 -- Solidion Technology, Inc. (STI) on Monday reported a return to profitability in the third quarter.
For the third quarter, net income was about $244,000, or $0.02 per share, compared with a net loss of $4.1 million, or $1.33 per share, in the prior-year period.
Revenue increased to $41,638 from $9,350 a year earlier.
Total other income was approximately $2.56 million, compared with other expenses of $2.35 million in the year-ago quarter.
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