Compass Diversified (CODI) reported Q2 earnings late Monday of $0.86 per share, swinging from a loss of $0.88 a year earlier.

Analysts polled by FactSet expected earnings of $0.09.

Net sales in the three months ended June 30 fell to $424 million from $478.7 million a year earlier.

Analysts projected $425.3 million.

The company's shares rose 3.3% in after-hours trading.