Seneca Foods Corporation reported earnings results for the third quarter and nine months ended December 30, 2023. For the third quarter, the company reported sales was USD 444.48 million compared to USD 473.25 million a year ago. Net income was USD 17.68 million compared to USD 21.05 million a year ago. Basic earnings per share from continuing operations was USD 2.47 compared to USD 2.77 a year ago. Diluted earnings per share from continuing operations was USD 2.45 compared to USD 2.74 a year ago.
For the nine months, sales was USD 1,150.62 million compared to USD 1,178.29 million a year ago. Net income was USD 65.57 million compared to USD 42.29 million a year ago. Basic earnings per share from continuing operations was USD 8.86 compared to USD 5.36 a year ago. Diluted earnings per share from continuing operations was USD 8.78 compared to USD 5.31 a year ago.