Enerpac Tool Group Corp. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was USD 150.39 million compared to USD 156.25 million a year ago. Net income was USD 25.78 million compared to USD 12.38 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.3 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.3 a year ago. Basic earnings per share was USD 0.47 compared to USD 0.22 a year ago. Diluted earnings per share was USD 0.47 compared to USD 0.22 a year ago.
For the nine months, sales was USD 430.8 million compared to USD 437.6 million a year ago. Net income was USD 61.33 million compared to USD 24.33 million a year ago. Basic earnings per share from continuing operations was USD 1.08 compared to USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 1.07 compared to USD 0.53 a year ago. Basic earnings per share was USD 1.13 compared to USD 0.43 a year ago. Diluted earnings per share was USD 1.12 compared to USD 0.42 a year ago.