SRAX, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 7.5 million compared to USD 4.92 million a year ago. Net income was USD 3.73 million compared to net loss of USD 11.09 million a year ago.

Basic earnings per share from continuing operations was USD 0.14. Diluted earnings per share from continuing operations was USD 0.13. Basic earnings per share was USD 0.14 compared to basic loss per share of USD 0.57 a year ago.

Diluted earnings per share was USD 0.13 compared to diluted loss per share of USD 0.57 a year ago.