O-I Glass, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was USD 1,588 million compared to USD 1,497 million a year ago. Net income was USD 43 million compared to net loss of USD 29 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to basic loss per share from continuing operations of USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to diluted loss per share from continuing operations of USD 0.18 a year ago.
For the full year, sales was USD 6,357 million compared to USD 6,091 million a year ago. Net income was USD 149 million compared to USD 249 million a year ago. Basic earnings per share from continuing operations was USD 0.9 compared to USD 1.59 a year ago. Diluted earnings per share from continuing operations was USD 0.88 compared to USD 1.57 a year ago. Basic earnings per share was USD 0.95 compared to USD 1.59 a year ago. Diluted earnings per share was USD 0.93 compared to USD 1.57 a year ago.