Altra Industrial Motion (AIMC) Reports In-Line Q2 EPS; Offers FY22 Guidance

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Altra Reports Second Quarter 2022 Results

July 28, 2022 7:00 AM EDT

Broad-Based Demand & Strong Execution Support Sales of $498.1MPricing Initiatives Offset Inflationary Pressures Balance Sheet Strength Highlighted by Leverage Ratio Returning to Low End of Target RangeUpdates 2022 Guidance

BRAINTREE, Mass., July 28, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (Altra or the Company), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited financial results for the second quarter ended June 30, 2022.

Q2 2022 Financial HighlightsIncludes contribution of divested Jacobs Vehicle Systems... More