Tinexta S.p.A. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was EUR 98.43 million compared to EUR 86.05 million a year ago. Net loss was EUR 2.63 million compared to net income of EUR 38.96 million a year ago.

Basic loss per share from continuing operations was EUR 0.06 compared to basic earnings per share from continuing operations of EUR 0.03 a year ago. Diluted loss per share from continuing operations was EUR 0.06 compared to diluted earnings per share from continuing operations of EUR 0.03 a year ago. Basic loss per share was EUR 0.06 compared to basic earnings per share of EUR 0.85 a year ago.

Diluted loss per share was EUR 0.06 compared to diluted earnings per share of EUR 0.84 a year ago.