Foraco International SA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 95.06 million compared to USD 91.41 million a year ago. Net income was USD 10.85 million compared to USD 8.35 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 0.0846 a year ago. Diluted earnings per share from continuing operations was USD 0.1077 compared to USD 0.0825 a year ago.
For the nine months, sales was USD 283.5 million compared to USD 245.65 million a year ago. Net income was USD 26.3 million compared to USD 13.24 million a year ago. Basic earnings per share from continuing operations was USD 0.2661 compared to USD 0.1341 a year ago. Diluted earnings per share from continuing operations was USD 0.2605 compared to USD 0.1307 a year ago.