Escalon Medical Corp. reported earnings results for the first quarter ended September 30, 2022. For the first quarter, the company reported revenue was USD 2.6 million compared to USD 2.68 million a year ago.

Net loss was USD 0.320724 million compared to net income of USD 0.31722 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.