Signify N.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 1,644 million compared to EUR 1,836 million a year ago. Net income was EUR 41 million compared to EUR 246 million a year ago. Basic earnings per share from continuing operations was EUR 0.32 compared to EUR 1.97 a year ago. Diluted earnings per share from continuing operations was EUR 0.32 compared to EUR 1.93 a year ago.
For the six months, sales was EUR 3,322 million compared to EUR 3,624 million a year ago. Net income was EUR 66 million compared to EUR 332 million a year ago. Basic earnings per share from continuing operations was EUR 0.52 compared to EUR 2.66 a year ago. Diluted earnings per share from continuing operations was EUR 0.52 compared to EUR 2.6 a year ago.