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ALNT News
ALNT Events
Company Reports Q2 Revenue of $153.8M, Beating Expectations
Reports Q2 revenue $153.8M, consensus $145.69M. "Our Simplify to Accelerate NOW (STAN initiatives) are leading the way for continued improvement in our Company and our results. We delivered an excellent second quarter, with double-digit revenue growth, record gross margin, sharply higher earnings and very strong orders and backlog," commented Dick Warzala, Chairman and CEO. "Results reflected broad-based demand across key targeted markets, led by Industrial automation and solutions supporting data center and other infrastructure, along with strong activity in Aerospace & Defense and Medical. Operational improvements and disciplined execution continued to enhance mix, margin and operating leverage."
Allient Appoints Alex Collichio as Vice President
Allient announced that its Board of Directors has elected Alex Collichio as Vice President. Mr. Collichio will continue to serve as Chief Administrative Officer. Mr. Collichio joined Allient in July 2022 as Corporate Human Resources Director, assumed leadership of the Company's Legal Department in March 2023 and was promoted to his current role of Chief Administrative Officer in March 2024
Company Reports Q1 Revenue of $138.9M, Exceeding Expectations
Reports Q1 revenue $138.9M, consensus $138.37M. Dick Warzala, Chairman and CEO, commented, "The strong uptick in our Bookings is a good indicator of our positive organic growth prospects for this year and beyond. Also, our first quarter results reflect continued progress in executing our strategy, with year-over-year growth in revenue, gross profit, operating income and earnings. We entered 2026 with a stronger balance sheet, a more efficient cost structure and a portfolio aligned with long-term trends in electrification, automation, energy efficiency, digital infrastructure and precision control."
Allient Board Approves 33% Increase in Quarterly Cash Dividend to $0.04
Allient announced that its Board of Directors approved a 33% increase in the Company's quarterly cash dividend to 0.04 per share. The dividend will be payable on June 4, 2026, to stockholders of record as of the close of business on May 21, 2026. Allient has approximately 17.0 million shares outstanding. Dick Warzala, Chairman and CEO, commented, "The increase to our quarterly dividend reflects the Board's and management's confidence in the strength of our business model, the resiliency of our end markets, and our ability to continue generating solid cash flow. We remain focused on executing our growth strategy, investing in innovation across our Motion, Controls and Power platforms, and returning capital to shareholders while maintaining the financial flexibility to pursue attractive strategic opportunities."
Allient Reports Q4 Revenue of $143.4M, Beating Estimates
Reports Q4 revenue $143.4M, consensus $133.3M. "2025 was an important year for Allient as we delivered strong performance in the fourth quarter and meaningful improvement across key financial metrics for the full year," commented Dick Warzala, CEO. "Our 17% revenue growth in the fourth quarter, combined with strong operating leverage, reflects increased demand in our served Industrial Markets and disciplined execution across our other targeted growth verticals. The continued benefits of our Simplify to Accelerate NOW initiative drove operational efficiencies, contributing to sustainable margin expansion. For the full year, we achieved record gross margin of 32.8%, increased operating income 46%, and generated record cash from operations of $56.7 million, reflecting improved earnings and working capital discipline. We also made significant progress strengthening the balance sheet, reducing net debt by $48.4 million and improving leverage to 1.82x. This improved leverage profile provides additional capacity to invest in organic growth initiatives, support new program launches and pursue disciplined capital allocation opportunities. Looking ahead to 2026, we believe we are well positioned to build on this momentum. Order trends exiting the year, improving automation demand and continued traction in power quality solutions supporting data center infrastructure reinforce our confidence in the secular drivers of electrification, automation and energy efficiency. While we remain mindful of macroeconomic variability in certain end markets, our diversified portfolio, improved cost structure and enhanced financial flexibility support disciplined growth and long-term value creation."
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