Altra Industrial Motion Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 498.1 million compared to USD 488.6 million a year ago. Net income was USD 26.3 million compared to USD 40.8 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 0.62 a year ago.
For the six months, sales was USD 1,009.8 million compared to USD 960.7 million a year ago. Net income was USD 71.1 million compared to USD 80 million a year ago. Basic earnings per share from continuing operations was USD 1.09 compared to USD 1.23 a year ago. Diluted earnings per share from continuing operations was USD 1.09 compared to USD 1.22 a year ago.