Albany International (AIN) Tops Q1 EPS by 14c, Maintains Guidance

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Go back to Albany International (AIN) Tops Q1 EPS by 14c, Maintains Guidance

Albany International Reports First-Quarter 2022 Results

April 25, 2022 4:19 PM EDT

ROCHESTER, N.H.--(BUSINESS WIRE)-- Albany International Corp. (NYSE: AIN) today reported operating results for its first quarter of 2022, which ended March 31, 2022.

We are pleased to report strong revenue growth during the first quarter of 2022, said Albany International President and Chief Executive Officer, Bill Higgins. Our team remained nimble and flexible in the face of an unpredictable business environment caused by COVID variant waves and Russia's invasion of Ukraine.

In response to the Russian invasion, we made the decision to cease doing business in Russia during the first quarter, including... More