Reach Subsea ASA reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was NOK 575.27 million compared to NOK 234 million a year ago. Revenue was NOK 575.27 million compared to NOK 234.02 million a year ago.

Net income was NOK 4.24 million compared to NOK 3.91 million a year ago. Basic earnings per share from continuing operations was NOK 0.02 compared to NOK 0.02 a year ago. Diluted earnings per share from continuing operations was NOK 0.02 compared to NOK 0.01 a year ago.