Altra Reports First-Quarter 2019 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. CVS
10. SPY

Go back to Altra Reports First-Quarter 2019 Results

Altra Industrial Motion (AIMC) Tops Q1 EPS by 8c, Revenues Beat; Reiterates FY19 EPS/Revenue Outlook

April 26, 2019 7:10 AM EDT

Altra Industrial Motion (NASDAQ: AIMC) reported Q1 EPS of $0.80, $0.08 better than the analyst estimate of $0.72. Revenue for the quarter came in at $482.8 million versus the consensus estimate of $478.53 million.

Financial Highlights

First-quarter 2019 net sales were $482.8 million, up 101% from $240.4 million in the first quarter of 2018. Organic sales growth was 1.6% for the combined business on an unaudited pro forma basis, compared to the first quarter of 2018.*First-quarter net income was $35.2 million, or $0.55 per diluted share, compared with $9.0 million, or $0.31 per diluted share, in the first quarter of 2018. Non-GAAP net income in the first... More