AZZ Inc. reported earnings results for the third quarter and nine months ended November 30, 2023. For the third quarter, the company reported sales was USD 381.61 million compared to USD 373.3 million a year ago. Net income was USD 26.89 million compared to net loss of USD 20.54 million a year ago. Basic earnings per share from continuing operations was USD 0.93 compared to USD 0.6 a year ago. Diluted earnings per share from continuing operations was USD 0.92 compared to USD 0.59 a year ago. Basic earnings per share was USD 0.93 compared to basic loss per share of USD 0.97 a year ago. Diluted earnings per share was USD 0.92 compared to diluted loss per share of USD 0.97 a year ago.
For the nine months, sales was USD 1,171.02 million compared to USD 987.15 million a year ago. Net income was USD 83.74 million compared to net loss of USD 54.04 million a year ago. Basic earnings per share from continuing operations was USD 2.91 compared to USD 2.19 a year ago. Diluted earnings per share from continuing operations was USD 2.86 compared to USD 2.17 a year ago. Basic earnings per share was USD 2.91 compared to basic loss per share of USD 2.37 a year ago. Diluted earnings per share was USD 2.86 compared to diluted loss per share of USD 2.35 a year ago.