Modern Times Group MTG AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 1,306 million compared to SEK 1,357 million a year ago. Net income was SEK 24 million compared to net loss of SEK 290 million a year ago.

Basic earnings per share from continuing operations was SEK 0.2 compared to basic loss per share from continuing operations of SEK 0.77 a year ago. Diluted earnings per share from continuing operations was SEK 0.2 compared to diluted loss per share from continuing operations of SEK 0.77 a year ago. Basic earnings per share was SEK 0.2 compared to basic loss per share of SEK 2.62 a year ago.

Diluted earnings per share was SEK 0.2 compared to diluted loss per share of SEK 2.62 a year ago.