Allied Gaming & Entertainment Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 1.19 million compared to USD 2.41 million a year ago. Net loss was USD 1.89 million compared to USD 3.75 million a year ago.

Basic loss per share from continuing operations was USD 0.05 compared to USD 0.1 a year ago.