Nel ASA reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was NOK 387.2 million compared to NOK 340.77 million a year ago. Revenue was NOK 409.07 million compared to NOK 358.89 million a year ago.

Net loss was NOK 22.02 million compared to NOK 192.2 million a year ago. Basic loss per share from continuing operations was NOK 0.01 compared to NOK 0.12 a year ago. Diluted loss per share from continuing operations was NOK 0.01 compared to NOK 0.12 a year ago.