Biofrontera AG reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 5.8 million compared to EUR 6.57 million a year ago. Net loss was EUR 3.48 million compared to EUR 28.1 million a year ago.

Basic loss per share from continuing operations was EUR 0.05 compared to EUR 0.5 a year ago. Diluted loss per share from continuing operations was EUR 0.05 compared to EUR 0.5 a year ago.