Nordic Semiconductor ASA reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 74.5 million compared to USD 145.43 million a year ago. Net loss was USD 25.73 million compared to net income of USD 3.04 million a year ago.

Basic loss per share from continuing operations was USD 0.134 compared to basic earnings per share from continuing operations of USD 0.016 a year ago.