Third quarter performance: Revenue was $125.2 million with a gross margin of 31.4% and net income of $2.1 million Improved margins sequentially: Gross margin up 150 basis points to 31.4%, operating margin up 170 basis points to 5.3%, and adjusted EBITDA margin rose 130 basis points to 11.5% Strong cash flow: $29.5 million of cash generated from operations year-to-date and ended the quarter with $37.1 million of cash Cost reductions: Additional Simplify to Accelerate NOW efforts implemented, bringing total annual cost reductions to $10 million Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and P

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on December 5, 2024 to stockholders of record as of the close of business on November 21, 2024. Allient has approximately 16.8 million shares outstanding. About Allient Inc. Allient (NASDAQ:ALNT) is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences,

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its third quarter 2024 results after the close of financial markets on Wednesday, November 6, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Third Quarter 2024 Conference Call Date: Thursday, November 7, 2024 Time: 10:00 a.m. Eastern Time Phone: (412) 317-0535 Webcast and accompanying

Second quarter revenue was $136.0 million with a gross margin of 29.9% and net income of $1.2 million Orders of $137.4 million resulted in a book-to-bill ratio of 1.0x and a backlog of $259.0 million Generated $17.4 million of cash from operations year-to-date Simplify to Accelerate NOW efforts identified $5 million in annualized cost reductions that were implemented in the second quarter Additional cost reductions expected to be implemented in the second half of 2024 are expected to result in an additional $5 million in annualized savings Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls a

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on September 5, 2024 to stockholders of record as of the close of business on August 22, 2024. Allient has approximately 16.8 million shares outstanding. About Allient Inc. Allient (NASDAQ:ALNT) is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences,

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its second quarter 2024 results after the close of financial markets on Wednesday, August 7, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Second Quarter 2024 Conference Call Date: Thursday, August 8, 2024 Time: 10:00 a.m. Eastern Time Phone: (201) 389-0920 Webcas

First 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 year's first quarter Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today reported financial results for its first quarter ended March 31, 2024. Results include the acquisitions of Sierramotion

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on June 6, 2024 to stockholders of record as of the close of business on May 23, 2024. About Allient Inc. Allient (NASDAQ:ALNT) is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences, aerospace and defense, industrial automation, robotics, semi-condu

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its first quarter 2024 results after the close of financial markets on Wednesday, May 8, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. First Quarter 2024 Conference Call Date: Thursday, May 9, 2024 Time: 10:00 a.m. Eastern Time Phone: (201) 389-0920 Webcast and a

"Simplify to Accelerate" sets strategic imperatives for 2024: footprint rationalization and organizational simplification, improved customer interaction, margin expansion and cash generation to reduce debt 2023 results validate strategic efforts to drive growth, margin expansion and cash flow Revenue increased 15% to record $578.6 million with organic growth of 13% on a constant currency basis Achieved record gross margin of 31.7% in 2023, 40 basis point expansion year over year Net income per diluted share increased 36% to $1.48; Adjusted net income per share was $2.30, up 22% for the year Generated a record $45.0 million of cash from operations in 2023 and reduced debt balan

4 - ALLIENT INC (0000046129) (Issuer)

4 - ALLIENT INC (0000046129) (Issuer)

Seasoned financial leader brings over 25 years of experience with multinational public and private companies Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls, and Power products and solutions for targeted industries and applications, announced the appointment of James A. Michaud as Chief Financial Officer, effective June 3, 2024. Mr. Michaud will succeed Michael R. Leach, who previously announced his retirement from Allient. Dick Warzala, Chairman and CEO, commented, "We are very excited to add Jim to the Allient Team as he is a highly accomplished financial leader with extensive experience in multina

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today announced that consistent with its strategy to "Simplify to Accelerate Now", Allient will expand upon current capabilities and skillsets to create a state-of-the-art Machining Center of Excellence at its facility in Dothan, Alabama. Utilizing advanced machining practices, the Dothan facility will produce complex fabricated parts that are fully aligned with the needs of Allient's markets and customers. In addition, Allient will transfer current assembly operations from Dothan

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today announced the launch of its Allient Defense Solutions (ADS) Business Unit (BU). This exciting vertical market initiative underscores Allient's commitment to expanding its presence in high-growth markets and driving long-term value for customers and stakeholders. With a newly structured, specialized sales and support team, ADS will integrate Allient's comprehensive technology offerings to streamline processes and foster innovation. Dick Warzala, Chairman and CEO, commented, "T

Third quarter performance: Revenue was $125.2 million with a gross margin of 31.4% and net income of $2.1 million Improved margins sequentially: Gross margin up 150 basis points to 31.4%, operating margin up 170 basis points to 5.3%, and adjusted EBITDA margin rose 130 basis points to 11.5% Strong cash flow: $29.5 million of cash generated from operations year-to-date and ended the quarter with $37.1 million of cash Cost reductions: Additional Simplify to Accelerate NOW efforts implemented, bringing total annual cost reductions to $10 million Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and P

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on December 5, 2024 to stockholders of record as of the close of business on November 21, 2024. Allient has approximately 16.8 million shares outstanding. About Allient Inc. Allient (NASDAQ:ALNT) is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences,

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its third quarter 2024 results after the close of financial markets on Wednesday, November 6, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Third Quarter 2024 Conference Call Date: Thursday, November 7, 2024 Time: 10:00 a.m. Eastern Time Phone: (412) 317-0535 Webcast and accompanying

Adjustments Include Less Restrictive Covenants, Expanded EBITDA Add-Backs, and Interest Rate Hedging to Support Strategic Initiatives Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it has amended its 2024 Credit Facilities to enhance flexibility in financial planning through FY2025. Additionally, the Company has executed a new interest rate swap agreement, further optimizing its capital structure. Jim Michaud, Allient's Chief Financial Officer, commented, "We appreciate the ongoing support from our lending

Second quarter revenue was $136.0 million with a gross margin of 29.9% and net income of $1.2 million Orders of $137.4 million resulted in a book-to-bill ratio of 1.0x and a backlog of $259.0 million Generated $17.4 million of cash from operations year-to-date Simplify to Accelerate NOW efforts identified $5 million in annualized cost reductions that were implemented in the second quarter Additional cost reductions expected to be implemented in the second half of 2024 are expected to result in an additional $5 million in annualized savings Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls a

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on September 5, 2024 to stockholders of record as of the close of business on August 22, 2024. Allient has approximately 16.8 million shares outstanding. About Allient Inc. Allient (NASDAQ:ALNT) is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences,

Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its second quarter 2024 results after the close of financial markets on Wednesday, August 7, 2024. The Company will host a conference call and webcast the following day to review the financial and operating results for the period. A question-and-answer session will follow. Second Quarter 2024 Conference Call Date: Thursday, August 8, 2024 Time: 10:00 a.m. Eastern Time Phone: (201) 389-0920 Webcas

Seasoned financial leader brings over 25 years of experience with multinational public and private companies Allient Inc. (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls, and Power products and solutions for targeted industries and applications, announced the appointment of James A. Michaud as Chief Financial Officer, effective June 3, 2024. Mr. Michaud will succeed Michael R. Leach, who previously announced his retirement from Allient. Dick Warzala, Chairman and CEO, commented, "We are very excited to add Jim to the Allient Team as he is a highly accomplished financial leader with extensive experience in multina

4 - ALLIENT INC (0000046129) (Issuer)

4 - ALLIENT INC (0000046129) (Issuer)

4 - ALLIENT INC (0000046129) (Issuer)

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4 - ALLIENT INC (0000046129) (Issuer)

4 - ALLIENT INC (0000046129) (Issuer)

4 - ALLIENT INC (0000046129) (Issuer)

4 - ALLIENT INC (0000046129) (Issuer)

4 - ALLIENT INC (0000046129) (Issuer)

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