Garrett Motion Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1,011 million compared to USD 859 million a year ago. Net income was USD 71 million compared to USD 85 million a year ago. Basic loss per share from continuing operations was USD 1.88 compared to basic earnings per share from continuing operations of USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 1.88 compared to diluted earnings per share from continuing operations of USD 0.15 a year ago.
For the six months, sales was USD 1,981 million compared to USD 1,760 million a year ago. Net income was USD 152 million compared to USD 173 million a year ago. Basic loss per share from continuing operations was USD 1.86 compared to basic earnings per share from continuing operations of USD 0.31 a year ago. Diluted loss per share from continuing operations was USD 1.86 compared to diluted earnings per share from continuing operations of USD 0.31 a year ago.