Kennametal announces fiscal 2023 second quarter results

Sales of $497 million increased 2 percent year-over-year, driven by 11 percent organic growth sales growth driven by pricing actions and end market resiliency, especially in the americas and emea us dollar strength and inflation remain significant headwinds earnings per diluted share (eps) of $0.27 returned approximately $27 million to shareholders; $11 million in share repurchases and $16 million in dividends pittsburgh , feb. 6, 2023 /prnewswire/ -- kennametal inc. (nyse: kmt) (the "company") today reported results for its fiscal 2023 second quarter ended december 31, 2022, with earnings per diluted share (eps) of $0.27, compared with $0.37 in the prior year quarter. eps was not adjusted in the current quarter, whereas adjusted eps was $0.35 in the prior year quarter.
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