Giga-tronics Incorporated reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 8.72 million compared to USD 7.24 million a year ago. Net loss was USD 2.46 million compared to USD 0.497 million a year ago.

Basic loss per share from continuing operations was USD 0.42 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.42 compared to USD 0.17 a year ago.