Espey Mfg. & Electronics Corp. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 9.81 million compared to USD 8.62 million a year ago. Net income was USD 0.867288 million compared to USD 0.661359 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.27 a year ago.
For the nine months, sales was USD 27.25 million compared to USD 23.62 million a year ago. Net income was USD 2.78 million compared to USD 0.988621 million a year ago. Basic earnings per share from continuing operations was USD 1.13 compared to USD 0.41 a year ago. Diluted earnings per share from continuing operations was USD 1.13 compared to USD 0.41 a year ago.