CSW Industrials, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 02, 2023 at 10:51 am
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CSW Industrials, Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 203.65 million compared to USD 191.19 million a year ago. Net income was USD 30.06 million compared to USD 24.33 million a year ago. Basic earnings per share from continuing operations was USD 1.93 compared to USD 1.58 a year ago. Diluted earnings per share from continuing operations was USD 1.93 compared to USD 1.57 a year ago.
For the six months, sales was USD 407.01 million compared to USD 391.13 million a year ago. Net income was USD 60.67 million compared to USD 53.77 million a year ago. Basic earnings per share from continuing operations was USD 3.91 compared to USD 3.46 a year ago. Diluted earnings per share from continuing operations was USD 3.9 compared to USD 3.45 a year ago.
CSW Industrials, Inc. is a diversified industrial company with operations in three segments, namely Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions. The Contractor Solutions segment manufactures efficiency and performance enhancing products for residential and commercial heating, ventilation, air conditioning and refrigeration and plumbing applications, which are designed for professional end use customers. Its brands include Balco, Balco IllumiTread, Balco MetaflexPro and BlazeSeal. The Engineered Building Solutions segment provides primarily code-driven, life-safety products that are engineered to provide solutions for the construction, refurbishment and modernization of commercial, institutional and multi-family residential buildings. The Specialized Reliability Solutions segment manufactures and supplies specialized consumables that impart or enhance properties, such as lubricity, anti-seize qualities, friction, sealing, and heat control.
CSW INDUSTRIALS, INC. 
