Nel ASA reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was NOK 197.3 million compared to NOK 145.25 million a year ago. Revenue was NOK 213.14 million compared to NOK 156.86 million a year ago. Net income was NOK 83.74 million compared to net loss of NOK 578.06 million a year ago. Basic earnings per share from continuing operations was NOK 0.06 compared to basic loss per share from continuing operations of NOK 0.41 a year ago. Diluted earnings per share from continuing operations was NOK 0.06 compared to diluted loss per share from continuing operations of NOK 0.41 a year ago.