PHINIA Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 896 million compared to USD 859 million a year ago. Net income was USD 11 million compared to USD 89 million a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to USD 1.89 a year ago.
For the nine months, sales was USD 2,618 million compared to USD 2,497 million a year ago. Net income was USD 81 million compared to USD 187 million a year ago. Diluted earnings per share from continuing operations was USD 1.72 compared to USD 3.98 a year ago.