Strattec Security Corporation reported earnings results for the third quarter and nine months ended March 27, 2022. For the third quarter, the company reported sales was USD 115.94 million compared to USD 121.64 million a year ago. Net income was USD 3.15 million compared to USD 4.49 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to USD 1.18 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to USD 1.15 a year ago.
For the nine months, sales was USD 329.19 million compared to USD 375.24 million a year ago. Net income was USD 6.64 million compared to USD 19.61 million a year ago. Basic earnings per share from continuing operations was USD 1.72 compared to USD 5.18 a year ago. Diluted earnings per share from continuing operations was USD 1.7 compared to USD 5.11 a year ago.