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AZZ Inc. Reports Results for Second Quarter of Fiscal Year 2022 ; Generates EPS of $ 0.76 and Revises Guidance Company revises fiscal year 2022 guidance : Sales of $ 865 - $ 925 million , and earnings per share of $ 2.90 - $ 3.20 , excluding potential acquisitions or divestitures October 12 , 2021 - FORT WORTH , TX - AZZ Inc. ( NYSE : AZZ ) , a global provider of metal coating solutions , welding solutions , specialty electrical equipment and highly engineered services today announced financial results for the second quarter of fiscal year 2022 , ended August 31 , 2021 . Second Quarter Overview ( references throughout are to adjusted amounts for FY2021 ) " : Strong year - over - year financial results ● O O O EBITDA of $ 36.7 million , up $ 6.0 million Sales of $ 216.4 million , up 6.4 % versus last year Metal Coatings segment versus same quarter , prior year : Sales of $ 129.6 million , up 10.7 % Operating income of $ 31.6 million , up 17.3 % Operating margins of 24.4 % , up 140 basis points Infrastructure Solutions segment versus same quarter , prior year : Sales of $ 86.9 million , up 0.6 % Operating income of $ 7.0 million , up 129.6 % Operating margins of 8.1 % , up 460 basis points Declared quarterly cash dividend in the amount of $ 0.17 per share of common stock Repurchased $ 15.0 million in shares during the quarter ; year - to - date we have repurchased 416,279 shares of common stock , totaling $ 21.2 million O O O O O O Diluted earnings per share of $ 0.76 , up $ 0.27 , or 55 % Net income of $ 19.0 million , up $ 6.0 million O Management Discussion Tom Ferguson , President and Chief Executive Officer of AZZ , commented , " We continue to build positive momentum in fiscal 2022 with strong operating performance in the second quarter , driven by sales increasing 6 % , operating income up 37 % and net income up 46 % , compared to the same quarter last year . The strength of our businesses coupled with our teams executing at a high level are key drivers for our growth and improving profitability across all segments . " " Our Metal Coatings segment delivered strong operating results with sales of $ 129.6 million , up 10.7 % , and operating margin of 24.4 % , up 140 basis points compared with the operating margin of 23.0 % in last year's second quarter . Segment level results were driven by improved market conditions in solar , agriculture , bridge and highway and OEM , along with managing the increasing costs of materials and labor , and delivering on several operational improvement initiatives . " ( ¹ ) See " Non - GAAP Disclsoures " section included in the attached Financial Tables for a reconciliation of non - GAAP Adjusted Earnings Measures for the three and six months ended August 31 , 2020 .