ecotel communication ag reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 28.71 million compared to EUR 20.34 million a year ago. Revenue was EUR 35.18 million compared to EUR 20.39 million a year ago.

Net income was EUR 4.52 million compared to EUR 1.28 million a year ago. Basic earnings per share was EUR 1.29 compared to EUR 0.37 a year ago. Diluted earnings per share was EUR 1.17 compared to EUR 0.33 a year ago.