Itafos Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 119.58 million compared to USD 149.85 million a year ago. Net income was USD 28.21 million compared to USD 33.01 million a year ago.

Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.17 a year ago.