Héroux-Devtek Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 163.52 million compared to CAD 140.88 million a year ago. Net income was CAD 8.98 million compared to CAD 1.77 million a year ago. Basic earnings per share from continuing operations was CAD 0.27 compared to CAD 0.05 a year ago. Diluted earnings per share from continuing operations was CAD 0.27 compared to CAD 0.05 a year ago.
For the nine months, sales was CAD 445.71 million compared to CAD 387.64 million a year ago. Net income was CAD 17.58 million compared to CAD 7.54 million a year ago. Basic earnings per share from continuing operations was CAD 0.52 compared to CAD 0.22 a year ago. Diluted earnings per share from continuing operations was CAD 0.52 compared to CAD 0.22 a year ago.