RedHill Biopharma Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 3.6 million compared to USD 13.1 million a year ago. Net income was USD 50.24 million compared to net loss of USD 20.53 million a year ago.

Basic loss per share from continuing operations was USD 20 compared to basic earnings per share from continuing operations of USD 16 a year ago.