Strattec Security Corporation reported earnings results for the second quarter and six months ended January 01, 2023. For the second quarter, the company reported sales was USD 113.18 million compared to USD 112.91 million a year ago. Net loss was USD 1.84 million compared to net income of USD 3.39 million a year ago. Basic loss per share from continuing operations was USD 0.47 compared to basic earnings per share from continuing operations of USD 0.88 a year ago. Diluted loss per share from continuing operations was USD 0.47 compared to diluted earnings per share from continuing operations of USD 0.87 a year ago.
For the six months, sales was USD 233.54 million compared to USD 213.25 million a year ago. Net loss was USD 1.71 million compared to net income of USD 3.49 million a year ago. Basic loss per share from continuing operations was USD 0.44 compared to basic earnings per share from continuing operations of USD 0.91 a year ago. Diluted loss per share from continuing operations was USD 0.44 compared to diluted earnings per share from continuing operations of USD 0.89 a year ago.