Co-Diagnostics, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.601957 million compared to USD 22.7 million a year ago. Net loss was USD 5.76 million compared to net income of USD 11.71 million a year ago.

Basic loss per share from continuing operations was USD 0.2 compared to basic earnings per share from continuing operations of USD 0.35 a year ago. Diluted loss per share from continuing operations was USD 0.2 compared to diluted earnings per share from continuing operations of USD 0.34 a year ago.