AMG Advanced Metallurgical Group N.V. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 424.81 million compared to USD 311.95 million a year ago. Net income was USD 68.15 million compared to net loss of USD 0.599 million a year ago. Basic earnings per share from continuing operations was USD 2.13 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 2.09 compared to diluted loss per share from continuing operations of USD 0.02 a year ago.
For the nine months, sales was USD 1,252.77 million compared to USD 874.31 million a year ago. Net income was USD 126.89 million compared to USD 8.07 million a year ago. Basic earnings per share from continuing operations was USD 3.97 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 3.91 compared to USD 0.26 a year ago.