Albany International Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 281.11 million compared to USD 260.56 million a year ago. Net income was USD 27.11 million compared to USD 10.69 million a year ago. Basic earnings per share from continuing operations was USD 0.87 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.87 compared to USD 0.34 a year ago.
For the nine months, sales was USD 824.33 million compared to USD 766.1 million a year ago. Net income was USD 80.67 million compared to USD 77.63 million a year ago. Basic earnings per share from continuing operations was USD 2.59 compared to USD 2.47 a year ago. Diluted earnings per share from continuing operations was USD 2.58 compared to USD 2.46 a year ago.