Clere AG reported earnings results for the first quarter ended September 30, 2016. For the quarter, initial revenues in the amount of EUR 0.2 million, resulting from deferred interest. Earnings before interest and taxes of the continuing operations amounted to loss of EUR 1.6 million in the reporting period and were thereby below previous year's loss of EUR 0.7 million. This was mainly due to other operating expenses from ongoing litigation and expenses from releasing currency. The slightly positive net financial result of EUR 0.1 million fed through to loss before taxes (LBT) of EUR 1.5 million, and were thus almost at the level of the year prior of EUR 1.4 million. After taxes the Group loss of the quarter amounted to EUR 1.6 million after EUR 0.6 million in the previous year period. This results in loss per share of EUR 0.27 after loss of EUR 0.10 in the reference period.