SMA Solar Technology AG reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was EUR 361.78 million compared to EUR 367.18 million a year ago. Net income was EUR 28.45 million compared to EUR 51.69 million a year ago.

Basic earnings per share from continuing operations was EUR 0.82 compared to EUR 1.49 a year ago. Diluted earnings per share from continuing operations was EUR 0.82 compared to EUR 1.49 a year ago.