CMC Materials, Inc. reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was USD 324.13 million compared to USD 290.53 million a year ago. Net income was USD 34.57 million compared to net loss of USD 149.81 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to basic loss per share from continuing operations of USD 5.13 a year ago. Diluted earnings per share from continuing operations was USD 1.19 compared to diluted loss per share from continuing operations of USD 5.13 a year ago.
For the six months, sales was USD 641.17 million compared to USD 578.39 million a year ago. Net income was USD 62 million compared to net loss of USD 118.28 million a year ago. Basic earnings per share from continuing operations was USD 2.17 compared to basic loss per share from continuing operations of USD 4.06 a year ago. Diluted earnings per share from continuing operations was USD 2.14 compared to diluted loss per share from continuing operations of USD 4.06 a year ago.