Avient Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 824.4 million compared to USD 891 million a year ago. Net income was USD 22.1 million compared to USD 84.7 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to USD 0.68 a year ago. Basic earnings per share was USD 0.24 compared to USD 0.93 a year ago. Diluted earnings per share was USD 0.24 compared to USD 0.92 a year ago.
For the six months, sales was USD 1,670.1 million compared to USD 1,783.2 million a year ago. Net income was USD 42 million compared to USD 168.9 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 1.39 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to USD 1.38 a year ago. Basic earnings per share was USD 0.46 compared to USD 1.85 a year ago. Diluted earnings per share was USD 0.46 compared to USD 1.83 a year ago.