Janel Corporation Reports Earnings Results for the Second Quarter Ended March 31, 2021
Janel Corporation announced earnings results for the second quarter ended March 31, 2021. For the second quarter, the company announced sales was USD 30.142 million compared to USD 19.121 million a year ago. Operating income was USD 841,000 compared to operating loss of USD 831,000 a year ago. Net income was USD 596,000 compared to net loss of USD 937,000 a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to basic loss per share from continuing operations of USD 1.29 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to diluted loss per share from continuing operations of USD 1.29 a year ago. For the half year, sales was USD 56.620 million compared to USD 38.942 million a year ago. Operating income was USD 1.330 million compared to operating loss of USD 872,000 a year ago. Net income was USD 851,000 compared to net loss of USD 1.057 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to basic loss per share from continuing operations of USD 1.6 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to diluted loss per share from continuing operations of USD 1.6 a year ago.