Altra Industrial Motion (AIMC) Declares $0.08 Quarterly Dividend; 0.6% Yield

Altra Industrial Motion (AIMC) Misses Q3 EPS by 1c

Altra Industrial Motion (NASDAQ: AIMC) reported Q3 EPS of $0.80, $0.01 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $469.3 million versus the consensus estimate of $470.98 million.

GUIDANCE:

Altra Industrial Motion sees FY2021 EPS of $3.25-$3.35, versus the... More

Altra Industrial Motion (AIMC) CFO Retires; Todd B. Patriacca Appointed as new CFO

Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that Christian Storch, Executive Vice President and Chief Financial Officer, will be retiring on January 31, 2022 following a 14-year career at Altra. Todd B. Patriacca, who has served as Altras Vice President of Finance, Corporate Controller and Treasurer since February 2010, will become Executive Vice President, Chief Financial Officer and Treasurer effective February 1, 2022. In this new role, Mr. Patriacca will report to Carl Christenson, Altras Chairman and Chief Executive... More

Altra Industrial Motion (AIMC) Appoints La Vonda Williams to its Board

Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission, and automation products, today announced that the Companys Board of Directors (the Board) has appointed La Vonda Williams, Chief Financial Officer of Onegevity Health, as a new director, effective October 19, 2021. Ms. Williams appointment follows the appointments of Nicole Parent Haughey and Scott Hall in 2020, marking a significant refreshment of the composition of Altras Board.

We are thrilled to welcome La Vonda, an... More