Universal Security Instruments, Inc. reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was USD 4.64 million compared to USD 4.67 million a year ago. Net loss was USD 0.106138 million compared to net income of USD 0.014641 million a year ago.

Basic loss per share from continuing operations was USD 0.05 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.