Enerpac Tool Group Corp. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was USD 138.44 million compared to USD 141.96 million a year ago. Net income was USD 17.82 million compared to USD 4.5 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.12 a year ago. Basic earnings per share was USD 0.33 compared to USD 0.08 a year ago. Diluted earnings per share was USD 0.33 compared to USD 0.08 a year ago.
For the six months, sales was USD 280.41 million compared to USD 281.34 million a year ago. Net income was USD 35.56 million compared to USD 11.95 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 0.24 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 0.24 a year ago. Basic earnings per share was USD 0.65 compared to USD 0.21 a year ago. Diluted earnings per share was USD 0.65 compared to USD 0.21 a year ago.