P&F Industries, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 16.16 million compared to USD 17.81 million a year ago. Net income was USD 0.237 million compared to net loss of USD 0.021 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
For the six months, sales was USD 31.91 million compared to USD 31.83 million a year ago. Net income was USD 0.574 million compared to net loss of USD 0.639 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to basic loss per share from continuing operations of USD 0.2 a year ago.