Bang & Olufsen a/s reported earnings results for the first quarter ended August 31, 2023. For the first quarter, the company reported sales was DKK 619 million compared to DKK 612 million a year ago. Net income was DKK 7 million compared to net loss of DKK 100 million a year ago.

Basic earnings per share from continuing operations was DKK 0.1 compared to basic loss per share from continuing operations of DKK 0.8 a year ago. Diluted earnings per share from continuing operations was DKK 0.1 compared to diluted loss per share from continuing operations of DKK 0.8 a year ago.