Albany International (AIN) Tops Q3 EPS by 15c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- Tech stocks power S&P 500 to record high as oil prices, producer inflation ease
- Oil pares losses after reports Houthis attacked Saudi Aramco refinery
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
Albany International Reports Third-Quarter Results
October 30, 2018 5:00 PM EDTThird-quarter Highlights
Net sales were $253.3 million, an increase of 14.0% compared to 2017 (see Table 2). Excluding the impact of the adoption of the new revenue recognition standard (ASC 606) and currency translation effects, Net sales increased 15.5% (see Table 3). Net income attributable to the Company was $28.2 million ($0.87 per share), compared to $15.3 million ($0.47 per share) in Q3 2017. Q3 2018 Net income attributable to the Company was increased by $0.7 million ($0.02 per share) as a result of adopting ASC 606 (see Table 16). Net income attributable to the Company, excluding adjustments (a non-GAAP measure), was $0.85 per share, compared... More