Hillstone Networks Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 144.74 million compared to CNY 94.62 million a year ago. Revenue was CNY 144.74 million compared to CNY 94.62 million a year ago. Net loss was CNY 71.71 million compared to CNY 84.08 million a year ago. Basic loss per share from continuing operations was CNY 0.3979 compared to CNY 0.4665 a year ago. Diluted loss per share from continuing operations was CNY 0.3979 compared to CNY 0.4665 a year ago.