Sensient Technologies Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 349.3 million compared to USD 348.74 million a year ago. Net loss was USD 5.83 million compared to net income of USD 29.12 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.7 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to diluted earnings per share from continuing operations of USD 0.69 a year ago.
For the full year, sales was USD 1,456.45 million compared to USD 1,437.04 million a year ago. Net income was USD 93.39 million compared to USD 140.89 million a year ago. Basic earnings per share from continuing operations was USD 2.22 compared to USD 3.36 a year ago. Diluted earnings per share from continuing operations was USD 2.21 compared to USD 3.34 a year ago.