Kennametal Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 495.32 million compared to USD 497.12 million a year ago. Net income was USD 23.11 million compared to USD 21.9 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.27 a year ago.
For the six months, sales was USD 987.8 million compared to USD 991.91 million a year ago. Net income was USD 53.17 million compared to USD 50.1 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 0.62 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 0.61 a year ago.