Holley Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 155.71 million compared to USD 154.17 million a year ago. Net income was USD 1.2 million compared to net loss of USD 15.23 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.13 a year ago.

For the full year, the company reported sales was USD 659.7 million compared to USD 688.42 million a year ago. Net income was USD 19.18 million compared to USD 73.77 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to USD 0.14 a year ago.