Allison Transmission (ALSN) Tops Q2 EPS by 30c, Beats on Revenue; Offers FY23 Guidance

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Go back to Allison Transmission (ALSN) Tops Q2 EPS by 30c, Beats on Revenue; Offers FY23 Guidance

Allison Transmission Announces Second Quarter 2023 Results

July 27, 2023 4:05 PM EDT

Record quarterly net sales of $783 million, up 18% year over year Net Income of $175 million, 22% of net sales, up 43% year over year Diluted EPS of $1.92, up 52% year over year Increasing 2023 Net Sales, Earnings and Cash Flow Guidance

INDIANAPOLIS--(BUSINESS WIRE)-- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported second quarter net sales of $783 million, an 18 percent increase from the same period in 2022 and diluted EPS of $1.92, a 52 percent increase from the same period in 2022.

David S. Graziosi, Chairman... More