Steel Connect, Inc. reported earnings results for the fourth quarter ended July 31, 2022. For the fourth quarter, the company reported sales was USD 53.05 million compared to USD 47.71 million a year ago. Net income was USD 1.3 million compared to net loss of USD 11.02 million a year ago.

Basic earnings per share from continuing operations was USD 0.3734 compared to basic loss per share from continuing operations of USD 0.0933 a year ago. Diluted earnings per share from continuing operations was USD 0.3734 compared to diluted loss per share from continuing operations of USD 0.0933 a year ago. Basic earnings per share was USD 0.0933 compared to basic loss per share of USD 1.6801 a year ago.

Diluted earnings per share was USD 0.0933 compared to diluted loss per share of USD 1.6801 a year ago.