Ault Alliance, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 35.83 million compared to USD 33.88 million a year ago. Revenue was USD 44.93 million compared to USD 28.94 million a year ago.

Net income was USD 3.72 million compared to net loss of USD 48.65 million a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to basic loss per share from continuing operations of USD 971.32 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to diluted loss per share from continuing operations of USD 971.32 a year ago.

Basic earnings per share was USD 0.15 compared to basic loss per share of USD 1,039.89 a year ago. Diluted earnings per share was USD 0.09 compared to diluted loss per share of USD 1,039.89 a year ago.