Varia US Properties AG reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 28.15 million compared to USD 34.06 million a year ago. Revenue was USD 12.24 million compared to negative revenue of USD 11.06 million a year ago.

Net loss was USD 7.01 million compared to USD 33.99 million a year ago. Basic loss per share from continuing operations was USD 0.69 compared to USD 3.36 a year ago. Diluted loss per share from continuing operations was USD 0.69 compared to USD 3.36 a year ago.