ALNT - Earnings announcements

Revenue increased 5% to $138.9 million, with gross margin expanding 50 basis points to 32.7% and operating income improving 6% to $9.3 million, or 6.7% of revenue Net income increased 51% to $5.4 million, or $0.32 per diluted share; adjusted net income increased to $8.4 million, with adjusted diluted earnings per share of $0.50 Orders were up 15% year-over-year to $158.1 million, resulting in a book-to-bill ratio of 1.14x; backlog was $251.0 million at quarter end Cash and cash equivalents were $41.2 million at quarter end; total debt reduced $3.1 million during the quarter to $177.3 million, with the leverage ratio improving to 1.78x, as described in the reconciliation of non-GAA

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its first quarter fiscal year 2026 results after the close of financial markets on Wednesday, May 6, 2026. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. First Quarter Fiscal Year 2026 Conference Call Date: Thursday, May 7, 2026 Time: 10:00 a.m. Eastern Time Phone: (201) 389-0908 Webcast and accompanying slide prese

Fourth quarter results reflect revenue growth, margin expansion and order momentum Revenue increased 17% to $143.4 million, including 15% organic growth on a constant currency basis; orders rose 9% sequentially, with book-to-bill of 1.01 Gross margin expanded 90 basis points to 32.4%, while operating income increased 76% to $11.4 million, or 7.9% of revenue, up 260 basis points Diluted EPS was $0.38, more than double the prior year, with adjusted EPS of $0.55; Adjusted EBITDA increased 35% to $19.0 million, with the margin expanding 170 basis points to 13.3% 2025 performance demonstrates disciplined execution and strengthened financial position Revenue totaled $554.5 millio

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its fourth quarter and full year 2025 results after the close of financial markets on Thursday, March 5, 2026. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Fourth Quarter and Full Year 2025 Conference Call Date: Friday, March 6, 2026 Time: 10:00 a.m. Eastern Time Phone: (412) 634-6879 Webcast and accompanying slid

Revenue up 11% to $138.7 million, with 9% organic growth on a constant currency basis Gross margin expanded 190 basis points year-over-year to a record 33.3%, driven by favorable mix, higher volumes, and operational efficiency; on a sequential basis, gross margin improved 10 basis points Operating income rose 84% to $12.2 million and operating margin expanded 350 basis points year-over-year to 8.8%, driven by continued execution of Simplify to Accelerate NOW; sequentially, operating margin improved 40 basis points Delivered diluted earnings per share (EPS) of $0.39 and adjusted EPS of $0.59. Adjusted EBITDA increased 41% to $20.3 million, with margin up 310 basis points year-over-yea

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its third quarter 2025 results after the close of financial markets on Wednesday, November 5, 2025. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Third Quarter 2025 Conference Call Date: Thursday, November 6, 2025 Time: 10:00 a.m. Eastern Time Phone: (412) 634-6879 Webcast and accompanying slide presentation: https

Margin Strength: Gross margin reached a Company-best 33.2%, expanding 330 basis points year-over-year and 100 basis points sequentially, driven by favorable mix, higher volumes and operational efficiency Operating Leverage: Operating income grew 139% to $11.7 million on 3% revenue growth Simplify to Accelerate NOW Driving Gains: Operating margin increased 480 basis points year-over-year to 8.4%, and improved 180 basis points sequentially, reflecting continued execution of the Company's cost transformation strategy Stronger Profitability and Earnings Growth: Delivered diluted earnings per share (EPS) of $0.34 and adjusted EPS of $0.57. Adjusted EBITDA increased 44% to $20.1 million

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its second quarter 2025 results after the close of financial markets on Wednesday, August 6, 2025. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Second Quarter 2025 Conference Call Date: Thursday, August 7, 2025 Time: 10:00 a.m. Eastern Time Phone: (412) 634-6879 Webcast and accompanying slide presentation: https:/

Revenue was $132.8 million with gross margin at 32.2% despite lower year-over-year revenue; Higher volume and favorable mix sequentially drove gross margin expansion of 70 basis points compared with fourth quarter of 2024 Simplify to Accelerate NOW actions supported a 130 basis point sequential improvement in operating margin, reaching 6.6% Diluted earnings per share (EPS) were $0.21, with adjusted EPS of $0.46 Total orders increased 17% sequentially, resulting in a book-to-bill ratio of 1.04 Operating cash flow was $13.9 million, up 52%, and ended the quarter with $47.8 million of cash; Debt, net of cash, was reduced by $13.6 million during the quarter to $174.4 million The C

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its first quarter 2025 results after the close of financial markets on Wednesday, May 7, 2025. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. First Quarter 2025 Conference Call Date: Thursday, May 8, 2025 Time: 10:00 a.m. Eastern Time Phone: (412) 634-6879 Webcast and accompanying slide presentation: https://allient.co

Fourth quarter revenue was $122.0 million, with gross margin improving sequentially to 31.5% despite lower revenue; Total orders increased 15% sequentially resulting in a book-to-bill ratio of nearly 1.00, driven by power quality and defense Diluted earnings per share were $0.18 in the fourth quarter; Adjusted EPS was $0.31 Full year revenue of $530.0 million reflected anticipated demand softness in industrial and vehicle markets Cash flow from operating activities was $41.9 million during 2024 and ended the year with $36.1 million of cash; Total debt reduced $7.2 million during the fourth quarter The Simplify to Accelerate NOW program delivered $10 million in annualized savings in

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its fourth quarter and full year 2024 results after the close of financial markets on Wednesday, March 5, 2025. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Fourth Quarter and Full Year 2024 Conference Call Date: Thursday, March 6, 2025 Time: 10:00 a.m. Eastern Time Phone: (412) 317-0535 Web

Third quarter performance: Revenue was $125.2 million with a gross margin of 31.4% and net income of $2.1 million Improved margins sequentially: Gross margin up 150 basis points to 31.4%, operating margin up 170 basis points to 5.3%, and adjusted EBITDA margin rose 130 basis points to 11.5% Strong cash flow: $29.5 million of cash generated from operations year-to-date and ended the quarter with $37.1 million of cash Cost reductions: Additional Simplify to Accelerate NOW efforts implemented, bringing total annual cost reductions to $10 million Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and P

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its third quarter 2024 results after the close of financial markets on Wednesday, November 6, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Third Quarter 2024 Conference Call Date: Thursday, November 7, 2024 Time: 10:00 a.m. Eastern Time Phone: (412) 317-0535 Webcast and accompanying

Second quarter revenue was $136.0 million with a gross margin of 29.9% and net income of $1.2 million Orders of $137.4 million resulted in a book-to-bill ratio of 1.0x and a backlog of $259.0 million Generated $17.4 million of cash from operations year-to-date Simplify to Accelerate NOW efforts identified $5 million in annualized cost reductions that were implemented in the second quarter Additional cost reductions expected to be implemented in the second half of 2024 are expected to result in an additional $5 million in annualized savings Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls a

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its second quarter 2024 results after the close of financial markets on Wednesday, August 7, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Second Quarter 2024 Conference Call Date: Thursday, August 8, 2024 Time: 10:00 a.m. Eastern Time Phone: (201) 389-0920 Webcas

First quarter gross margin expanded 80 basis points to 32.3% Operating income increased 6% to $12.1 million with a margin of 8.2%, which was up 40 basis points Net income per diluted share increased 8% to $0.42; Adjusted net income per share was $0.58, up 5% Generated $9.2 million of cash from operations, more than double last year's first quarter Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today reported financial results for its first quarter ended March 31, 2024. Results include the acquisitions of Sierramotion

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its first quarter 2024 results after the close of financial markets on Wednesday, May 8, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. First Quarter 2024 Conference Call Date: Thursday, May 9, 2024 Time: 10:00 a.m. Eastern Time Phone: (201) 389-0920 Webcast and a

"Simplify to Accelerate" sets strategic imperatives for 2024: footprint rationalization and organizational simplification, improved customer interaction, margin expansion and cash generation to reduce debt 2023 results validate strategic efforts to drive growth, margin expansion and cash flow Revenue increased 15% to record $578.6 million with organic growth of 13% on a constant currency basis Achieved record gross margin of 31.7% in 2023, 40 basis point expansion year over year Net income per diluted share increased 36% to $1.48; Adjusted net income per share was $2.30, up 22% for the year Generated a record $45.0 million of cash from operations in 2023 and reduced debt balan

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its fourth quarter and full year 2023 results after the close of financial markets on Tuesday, March 5, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Fourth Quarter and Full Year 2023 Conference Call Date: Wednesday, March 6, 2024 Time: 10:00 a.m. Eastern Time Phone:

Revenue grew 8% to $145.3 million; Organic growth of 7% on a constant currency basis Gross margin expanded 50 basis points to a record 32.7%, largely due to favorable end market mix Net income increased 1% to $6.7 million or $0.41 per diluted share; Adjusted net income was $0.61 per share, up 3% Orders were $154.9 million and included a $31 million order in the defense market Completed the acquisition of Sierramotion, further enhancing technology/product offerings consistent with our customer facing market strategy Generated $27.1 million of cash from operations and reduced debt balance by $11.1 million year-to-date Allient Inc. (formerly known as Allied Motion Technologi

Allient Inc. (formerly known as Allied Motion Technologies Inc.) (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its third quarter 2023 results after the close of financial markets on Wednesday, November 1, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period. A question-and-answer session will follow. Third Quarter 2023 Conference Call Date: Thursday, November 2, 2023 Time: 10:00 a.m. Eastern Time Ph