GCP Applied Technologies Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 268.4 million compared to USD 253.4 million a year ago. Net income was USD 5.5 million compared to USD 10.2 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to USD 0.14 a year ago. Basic earnings per share was USD 0.07 compared to USD 0.14 a year ago. Diluted earnings per share was USD 0.07 compared to USD 0.14 a year ago.
For the six months, sales was USD 505.7 million compared to USD 476.2 million a year ago. Net income was USD 1.5 million compared to USD 11.7 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.16 a year ago. Basic earnings per share was USD 0.02 compared to USD 0.16 a year ago. Diluted earnings per share was USD 0.02 compared to USD 0.16 a year ago.