Barnes Group Inc. Reports Net Income of $13.2 Million for Q1 2023

Barnes Group Inc.(B), a leading global pro vider of highly engineered products, reported its financial results for the first quarter of 2023. The company's condensed consolidated statements of income reveal a net income of $13.2 million for the quarter. Additionally, Barnes Group Inc. generated substantial revenue, with net sales reaching $335.4 million during the same period.

Net Income/Loss - Q1 2023

The financial statements indicate that Barnes Group Inc. achieved a net income of $13.2 million in the first quarter of 2023. This figure reflects the company's profitability after accounting for all expenses and taxes during the three-month period.

Revenue - Q1 2023