AURORA, CO -- Advanced Circuits' parent company, Compass Diversified, said overall net sales were up 19% to $515.6 million, and up 13% on a pro forma basis.
Net income was $31 million, vs. a loss of $11.3 million a year ago.
The company now expects to earn between $130 million and $145 million in adjusted earnings for full year 2022, including acquisitions and the expectation of reclassifying Advanced Circuits to continuing operations during the third quarter.
Last week, Compass terminated its deal to sell ACI to Tempo Automation.
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