Pieridae Energy Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 122.25 million compared to CAD 110.64 million a year ago. Net income was CAD 13.64 million compared to CAD 10.55 million a year ago.

Basic earnings per share from continuing operations was CAD 0.09 compared to CAD 0.07 a year ago. Diluted earnings per share from continuing operations was CAD 0.08 compared to CAD 0.07 a year ago.