Ashland Inc. reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported sales was USD 525 million compared to USD 512 million a year ago. Net income was USD 40 million compared to USD 48 million a year ago.

Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.55 a year ago. Diluted earnings per share was USD 0.73 compared to USD 0.83 a year ago.