Rafael Holdings, Inc. reported earnings results for the first quarter ended October 31, 2022. For the first quarter, the company reported sales was USD 0.07 million compared to USD 0.191 million a year ago. Net income was USD 1.59 million compared to net loss of USD 112.02 million a year ago.

Basic loss per share from continuing operations was USD 0.22 compared to USD 5.88 a year ago. Basic earnings per share was USD 0.07 compared to basic loss per share of USD 5.91 a year ago.