Carpenter Technology Corporation reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was USD 579.1 million compared to USD 396 million a year ago. Net income was USD 6.2 million compared to net loss of USD 29.4 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to basic loss per share from continuing operations of USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to diluted loss per share from continuing operations of USD 0.61 a year ago.
For the six months, sales was USD 1,102 million compared to USD 783.6 million a year ago. Net loss was USD 0.6 million compared to USD 44.1 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.91 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.91 a year ago.