Kennametal Inc. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was USD 486.67 million compared to USD 440.51 million a year ago. Net income was USD 31.42 million compared to USD 19.39 million a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.23 a year ago.
For the six months, sales was USD 970.18 million compared to USD 840.81 million a year ago. Net income was USD 67.62 million compared to net loss of USD 2.29 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.