Allient Inc. (ALNT) Tops Q1 EPS by 7c
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Allient Reports Gross and Operating Margin Expansion on Revenue of $146.7 Million in First Quarter 2024
May 8, 2024 4:24 PM EDTFirst quarter gross margin expanded 80 basis points to 32.3% Operating income increased 6% to $12.1 million with a margin of 8.2%, which was up 40 basis points Net income per diluted share increased 8% to $0.42; Adjusted net income per share was $0.58, up 5% Generated $9.2 million of cash from operations, more than double last years first quarter
BUFFALO, N.Y.--(BUSINESS... More
