Espressif Systems (Shanghai) Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 387.19 million compared to CNY 318.12 million a year ago. Net income was CNY 53.92 million compared to CNY 31.09 million a year ago.

Basic earnings per share from continuing operations was CNY 0.6849 compared to CNY 0.3884 a year ago. Diluted earnings per share from continuing operations was CNY 0.6849 compared to CNY 0.3884 a year ago.