Héroux-Devtek Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was CAD 140.88 million compared to CAD 131.15 million a year ago. Net income was CAD 1.77 million compared to CAD 6.47 million a year ago. Basic earnings per share from continuing operations was CAD 0.05 compared to CAD 0.18 a year ago. Diluted earnings per share from continuing operations was CAD 0.05 compared to CAD 0.18 a year ago.
For the nine months, sales was CAD 387.64 million compared to CAD 388.63 million a year ago. Net income was CAD 7.54 million compared to CAD 21.07 million a year ago. Basic earnings per share from continuing operations was CAD 0.22 compared to CAD 0.58 a year ago. Diluted earnings per share from continuing operations was CAD 0.22 compared to CAD 0.58 a year ago.