ARCpoint Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.180155 million compared to USD 0.60196 million a year ago. Revenue was USD 1.71 million compared to USD 5.59 million a year ago.

Net loss was USD 2.03 million compared to net income of USD 0.691121 million a year ago.