Holley Inc. reported earnings results for the third quarter and nine months ended October 01, 2023. For the third quarter, the company reported sales was USD 156.53 million compared to USD 154.78 million a year ago. Net income was USD 0.752 million compared to USD 31.58 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0.27 a year ago.
For the nine months, sales was USD 504 million compared to USD 534.25 million a year ago. Net income was USD 17.98 million compared to USD 89 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.76 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.32 a year ago.