Global Industrial Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 320.1 million compared to USD 260.5 million a year ago. Net income was USD 15.3 million compared to USD 13.8 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 0.35 a year ago. Basic earnings per share was USD 0.4 compared to USD 0.36 a year ago. Diluted earnings per share was USD 0.4 compared to USD 0.36 a year ago.
For the full year, sales was USD 1,274.3 million compared to USD 1,166.1 million a year ago. Net income was USD 70.7 million compared to USD 78.8 million a year ago. Basic earnings per share from continuing operations was USD 1.85 compared to USD 2.05 a year ago. Diluted earnings per share from continuing operations was USD 1.84 compared to USD 2.04 a year ago. Basic earnings per share was USD 1.85 compared to USD 2.07 a year ago. Diluted earnings per share was USD 1.84 compared to USD 2.06 a year ago.