Allison Transmission (ALSN) Reports Q3 EPS of 32c

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Go back to Allison Transmission (ALSN) Reports Q3 EPS of 32c

Allison Transmission Announces Third Quarter 2015 Results

October 26, 2015 4:05 PM EDT

INDIANAPOLIS, Oct. 26, 2015 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the third quarter of $493 million, an 11 percent decrease from the same period in 2014. The decrease in net sales was principally driven by lower demand in the global Off-Highway end markets partially offset by higher demand in the North America On-Highway end market and price increases on certain products.

Adjusted Net Income, a non-GAAP... More