Penneo A/S reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was DKK 18.04 million compared to DKK 14.35 million a year ago. Net loss was DKK 9.13 million compared to DKK 7.45 million a year ago.

Basic loss per share from continuing operations was DKK 0.28 compared to DKK 0.26 a year ago. Diluted loss per share from continuing operations was DKK 0.28 compared to DKK 0.26 a year ago.