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AZZ Inc Reports Net Income of $56.9 Million for the 6 Months Ended August 31, 2023
Annual Revenue of $789.4 Million
AZZ INC [AZZ], a leading provider of electrical equipment and services, has announced its financial results for the 6 months ended August 31, 2023. The company reported a net income of $56.9 million and generated annual revenue of $789.4 million.
The company's financial performance for the period was largely positive. AZZ Inc reported a gross margin of $194.3 million, reflecting a significant improvement compared to the previous year. The operating income from continuing operations reached $126.5 million, representing a substantial increase from the prior year.