IBC Advanced Alloys Corp. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 10.05 million compared to USD 7.5 million a year ago. Net income was USD 0.712 million compared to net loss of USD 0.394 million a year ago. Basic earnings per share from continuing operations was USD 0.01. Diluted earnings per share from continuing operations was USD 0.01.
For the six months, sales was USD 16.72 million compared to USD 13.42 million a year ago. Net loss was USD 0.222 million compared to USD 2.41 million a year ago.