Allient Inc

Allient Inc (ALNT) News & Events

$92.860

-2.749 (-2.96%)At close

ALNT News

ALNT Events

8/5 16:30

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."

5/11 08:40

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

5/6 16:40

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."

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