Compass Diversified reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 524.16 million compared to USD 515.6 million a year ago. Net income was USD 13.61 million compared to USD 26.37 million a year ago. Basic loss per share from continuing operations was USD 0.41 compared to basic earnings per share from continuing operations of USD 0.13 a year ago. Basic loss per share was USD 0.35 compared to basic earnings per share of USD 0.17 a year ago.
For the six months, sales was USD 1,066.39 million compared to USD 1,026.11 million a year ago. Net income was USD 119 million compared to USD 50.13 million a year ago. Basic loss per share from continuing operations was USD 0.43. Basic earnings per share was USD 0.98 compared to USD 0.37 a year ago.