AZZ Inc. Swings to Profit in Fiscal Q2 on Infrastructure Spending

AZZ Inc.

Second quarter ended Aug. 31 (FY2024)	2023	2022	% Change
Net sales	$398.5	$406.7	-2%
Net earnings (loss)	$28.3	($57.6)	149%
Per diluted share	$0.97	($1.91)	151%
Six months ended Aug. 31 (FY2024)
Net sales	$789.4	$613.8	29%
Net earnings (loss)	$56.9	($33.5)	270%
Per diluted share	$1.95	($1.13)	273%

(in millions of dollars except per share)

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.