Modelon AB Reports Earnings Results for the First Quarter Ended March 31, 2022
May 17, 2022 at 02:00 am EDT
Modelon AB (publ) reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was SEK 17.8 million compared to SEK 20.6 million a year ago. Revenue was SEK 18.1 million compared to SEK 23.3 million a year ago. Net loss was SEK 12.8 million compared to SEK 6.6 million a year ago. Basic loss per share from continuing operations was SEK 1.16 compared to SEK 0.87 a year ago.