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Allient Q2 2023 Earnings Report

Allient logo
$25.61 +1.12 (+4.57%)
As of 01/3/2025 05:45 PM Eastern

Allient EPS Results

Actual EPS
$0.58
Consensus EPS
$0.56
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

Allient Revenue Results

Actual Revenue
$146.77 million
Expected Revenue
$145.83 million
Beat/Miss
Beat by +$940.00 thousand
YoY Revenue Growth
N/A

Allient Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Allient Earnings Headlines

Allient launches Defense Solutions business unit
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About Allient

Allient (NASDAQ:ALNT), together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, authorized manufacturers' representatives, and distributors. The company was formerly known as Allied Motion Technologies Inc. and changed its name to Allient Inc. in August 2023. Allient Inc. was incorporated in 1962 and is headquartered in Amherst, New York.

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