Societal CDMO, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 21.53 million compared to USD 21.19 million a year ago. Net loss was USD 4.68 million compared to USD 4.26 million a year ago.

Basic loss per share from continuing operations was USD 0.06 compared to USD 0.08 a year ago.