Itafos Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 110.788 million compared to USD 153.187 million a year ago. Net income was USD 3.078 million compared to USD 8.088 million a year ago. Basic earnings per share was USD 0.02 compared to USD 0.04 a year ago. Diluted earnings per share was USD 0.02 compared to USD 0.04 a year ago.
For the nine months, sales was USD 346.487 million compared to USD 458.045 million a year ago. Net income was USD 51.715 million compared to USD 85.378 million a year ago. Basic earnings per share was USD 0.27 compared to USD 0.45 a year ago. Diluted earnings per share was USD 0.27 compared to USD 0.45 a year ago.