TriMas Corp. (TRS) has reported its earnings for the second quarter, posting a net income of $10.94 million. This translates to earnings of $0.27 per share, compared to $11.02 million, or $0.26 per share, in the same period last year.
On an adjusted basis, excluding certain items, TriMas reported earnings of $17.45 million, or $0.43 per share, for the quarter.
The company's revenue for the quarter experienced a 3.1% increase, rising to $240.50 million from $233.19 million in the previous year.
Summary of TriMas Corp.'s second-quarter earnings (GAAP):
- Net Income (Q2): $10.94 million vs. $11.02 million last year.
- Earnings Per Share (Q2): $0.27 vs. $0.26 last year.
- Revenue (Q2): $240.50 million vs. $233.19 million last year.
