Espey Mfg. & Electronics Corp. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was USD 8.62 million compared to USD 4.21 million a year ago. Net income was USD 0.661359 million compared to net loss of USD 1.07 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to basic loss per share from continuing operations of USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to diluted loss per share from continuing operations of USD 0.44 a year ago.
For the nine months, sales was USD 23.62 million compared to USD 18.43 million a year ago. Net income was USD 0.988621 million compared to net loss of USD 1.06 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to basic loss per share from continuing operations of USD 0.44 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 0.44 a year ago.