Somnigroup International Inc. Reports Earnings Results for the First Quarter Ended March 31, 2025

Published: 2025-05-08 06:36:00 ET SGI

Published on 05/08/2025 at 06:36, updated on 05/08/2025 at 08:36

Somnigroup International Inc. reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was USD 1,604.7 million compared to USD 1,189.4 million a year ago. Net loss was USD 33.1 million compared to net income of USD 76.3 million a year ago.

Basic loss per share from continuing operations was USD 0.17 compared to basic earnings per share from continuing operations of USD 0.44 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to diluted earnings per share from continuing operations of USD 0.43 a year ago.