Venus Concept Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 5.76 million compared to USD 10.42 million a year ago. Revenue was USD 20.53 million compared to USD 26.41 million a year ago.

Net loss was USD 9.66 million compared to USD 8.62 million a year ago. Basic loss per share from continuing operations was USD 1.85 compared to USD 2.02 a year ago. Diluted loss per share from continuing operations was USD 1.85 compared to USD 2.02 a year ago.