Kewaunee Scientific Corporation reported earnings results for the second quarter and six months ended October 31, 2023. For the second quarter, the company reported sales was USD 50.44 million compared to USD 54.56 million a year ago. Net income was USD 2.73 million compared to net loss of USD 0.243 million a year ago. Basic earnings per share from continuing operations was USD 0.94 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.93 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.
For the six months, sales was USD 100.28 million compared to USD 104.69 million a year ago. Net income was USD 5.21 million compared to net loss of USD 0.99 million a year ago. Basic earnings per share from continuing operations was USD 1.81 compared to basic loss per share from continuing operations of USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 1.79 compared to diluted loss per share from continuing operations of USD 0.35 a year ago.