init innovation in traffic systems SE reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was EUR 50.45 million compared to EUR 38.52 million a year ago. Net income was EUR 2.4 million compared to net loss of EUR 1.69 million a year ago.

Basic earnings per share from continuing operations was EUR 0.24 compared to basic loss per share from continuing operations of EUR 0.17 a year ago.