Alliance Entertainment Holding Corporation reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 425.59 million compared to USD 445.16 million a year ago. Net income was USD 8.91 million compared to net loss of USD 15.52 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.33 a year ago.
For the six months, sales was USD 652.34 million compared to USD 683.86 million a year ago. Net income was USD 5.45 million compared to net loss of USD 23.03 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.48 a year ago.