Solitron Devices, Inc. reported earnings results for the first quarter ended May 31, 2023. For the first quarter, the company reported sales was USD 2.04 million compared to USD 2.14 million a year ago. Net loss was USD 0.171 million compared to net income of USD 0.771 million a year ago.

Basic loss per share from continuing operations was USD 0.08 compared to basic earnings per share from continuing operations of USD 0.37 a year ago.