Allient (ALNT) Reports 5% Revenue Growth, $138.9M in Q1 Earnings
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAllient (ALNT) reported Q1 revenue of $138.9 million, up 5% year-over-year, with net income rising 51% to $5.4 million (GAAP $0.32/share). Orders increased 15% to $158.1 million, contributing to a backlog of $251 million, which is expected to convert within 3-6 months. Adjusted EBITDA was $17.3 million, while gross margin improved by 50 basis points to 32.7%. The company plans disciplined capital expenditures of $12-15 million and anticipates restructuring costs of approximately $2-3 million for FY26.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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