MRC Global Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 768 million compared to USD 869 million a year ago. Net income was USD 21 million compared to USD 21 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.18 a year ago.
For the full year, sales was USD 3,412 million compared to USD 3,363 million a year ago. Net income was USD 114 million compared to USD 75 million a year ago. Basic earnings per share from continuing operations was USD 1.07 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 1.05 compared to USD 0.6 a year ago.