Eneti Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 13.82 million compared to USD 22.44 million a year ago. Net loss was USD 17.62 million compared to net income of USD 4.15 million a year ago.

Basic loss per share from continuing operations was USD 0.48 compared to basic earnings per share from continuing operations of USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.48 compared to diluted earnings per share from continuing operations of USD 0.11 a year ago.