Arad Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 98.2 million compared to USD 96.37 million a year ago. Net income was USD 6.82 million compared to USD 8.67 million a year ago.

Basic earnings per share from continuing operations was USD 0.276 compared to USD 0.35 a year ago.