Meritor, Inc. reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was USD 1,154 million compared to USD 983 million a year ago. Net income was USD 62 million compared to USD 63 million a year ago. Basic earnings per share from continuing operations was USD 0.86 compared to USD 0.87 a year ago. Diluted earnings per share from continuing operations was USD 0.85 compared to USD 0.86 a year ago. Basic earnings per share was USD 0.87 compared to USD 0.87 a year ago. Diluted earnings per share was USD 0.86 compared to USD 0.86 a year ago.
For the six months, sales was USD 2,138 million compared to USD 1,872 million a year ago. Net income was USD 116 million compared to USD 95 million a year ago. Basic earnings per share from continuing operations was USD 1.63 compared to USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 1.61 compared to USD 1.3 a year ago. Basic earnings per share was USD 1.64 compared to USD 1.31 a year ago. Diluted earnings per share was USD 1.63 compared to USD 1.3 a year ago.