Acme United Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 50.38 million compared to USD 49.74 million a year ago. Net income was USD 2.15 million compared to USD 0.064 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.02 a year ago.
For the nine months, sales was USD 149.56 million compared to USD 149.85 million a year ago. Net income was USD 6.59 million compared to USD 3.63 million a year ago. Basic earnings per share from continuing operations was USD 1.85 compared to USD 1.03 a year ago. Diluted earnings per share from continuing operations was USD 1.83 compared to USD 0.96 a year ago.