ams-OSRAM AG reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 927 million compared to EUR 1,246 million a year ago. Net loss was EUR 134 million compared to net income of EUR 15 million a year ago.

Basic loss per share from continuing operations was EUR 0.51 compared to basic earnings per share from continuing operations of EUR 0.06 a year ago. Diluted loss per share from continuing operations was EUR 0.51 compared to diluted earnings per share from continuing operations of EUR 0.06 a year ago.