Lipocine Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 7.62 million compared to USD 0.05499 million a year ago. Net income was USD 3.51 million compared to net loss of USD 3.87 million a year ago.

Basic earnings per share from continuing operations was USD 0.66 compared to basic loss per share from continuing operations of USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to diluted loss per share from continuing operations of USD 0.76 a year ago.