Electromagnetic Geoservices ASA reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 5.02 million compared to USD 4.95 million a year ago. Revenue was USD 5.02 million compared to USD 6.23 million a year ago.

Net income was USD 0.451 million compared to USD 1.64 million a year ago.