Allient Posts Record Q3 Revenue, 13.6% Operating Margin and $218M in Orders
ALNT sits 81% above its 52-week low of $44.3.
Summary
Allient reported Q3 revenue of $164.4 million, up 18% from $138.7 million a year ago, with organic growth of 19%. Operating income jumped 83% to $22.3 million and operating margin hit a record 13.6%, up 480 basis points, while gross margin expanded 330 basis points to 36.6% on higher volume, better mix and the STAN cost program. Net income more than doubled to $15.3 million, or $0.91 per diluted share, and adjusted EPS rose 82% to $1.07. The forward-looking piece is demand: orders hit a record $218.1 million, up 64% year over year and 8% sequentially, for a 1.33x book-to-bill, and backlog climbed 52% to $351.5 million, which management says gives visibility into Q4 and early 2027. Aerospace & Defense revenue rose 36% and Industrial 15%, with Vehicle up 27% partly on shipments pulled forward ahead of a customer model changeover. Leverage improved to 1.49x from 1.82x at year-end, and the company guides to roughly $2 million of full-year restructuring costs and $12-15 million of capex. Management hosts its earnings call November 5 at 10:00 am ET.
At the time of this announcement, ALNT was trading at $80.26 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $44.30 to $121.42. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.