Macquarie Starts Albany International (AIN) at Outperform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Albany International Reports Third-Quarter Results
October 27, 2015 5:00 PM EDTThird-Quarter Financial Highlights
Net sales were $178.8 million, a decrease of 0.6% compared to Q3 2014. Excluding currency effects, net sales increased 4.7% (see Table 1). Adjusted EBITDA was $42.0 million, compared to $33.5 million in Q3 2014 (see Tables 6 and 7). Q3 2015 income attributable to the Company was $0.30 per share, compared to $0.37 in Q3 2014. Excluding adjustments (see Table 15), income attributable to the Company was $0.47 per share, compared to $0.31 in Q3 2014. Year-to-date net sales were $532.4 million, a decrease of 3.8%. Excluding currency effects, year-to-date net sales increased 1.9% compared to 2014 (see Table 8).... More