Renren Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 12.08 million compared to USD 10.26 million a year ago. Revenue was USD 12.15 million compared to USD 10.32 million a year ago.

Net income was USD 5.97 million compared to net loss of USD 3.32 million a year ago. Basic earnings per share from continuing operations was USD 0.225 compared to basic loss per share from continuing operations of USD 0.135 a year ago. Diluted earnings per share from continuing operations was USD 0.225 compared to diluted loss per share from continuing operations of USD 0.135 a year ago.