INNOVATE Corp. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 412.8 million compared to USD 171.8 million a year ago. Net loss was USD 12.4 million compared to net income of USD 12.6 million a year ago. Basic loss per share from continuing operations was USD 0.18. Diluted loss per share from continuing operations was USD 0.18. Basic loss per share was USD 0.18 compared to basic earnings per share of USD 0.15 a year ago. Diluted loss per share was USD 0.18 compared to diluted earnings per share of USD 0.15 a year ago.