ALLIENT INC

For the period ended Mar 31, 2024. Filed May 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 8, 2024

ALNT$84.63-2.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income and Comprehensive Income – Unaudited

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME


· · For the three months ended ·
· · March 31, ·
· 2024 · 2023
Revenues	$146,713	$145,549
Cost of goods sold	99,336	99,715
Gross profit	47,377	45,834
Operating costs and expenses:
Selling	6,298	6,032
General and administrative	14,440	14,820
Engineering and development	11,067	10,387
Business development	357	197
Amortization of intangible assets	3,115	3,009
Total operating costs and expenses	35,277	34,445
Operating income	12,100	11,389
Other expense, net:
Interest expense	3,388	2,983
Other (income) expense, net	(109)	187
Total other expense, net	3,279	3,170
Income before income taxes	8,821	8,219
Income tax provision	(1,919)	(1,904)
Net income	$6,902	$6,315
Basic earnings per share:
Earnings per share	$0.42	$0.40
Basic weighted average common shares	16,394	15,872
Diluted earnings per share:
Earnings per share	$0.42	$0.39
Diluted weighted average common shares	16,497	16,137
Net income	$6,902	$6,315
Other comprehensive income (loss):
Foreign currency translation adjustment	(4,408)	1,354
Loss on derivatives, net of tax	(78)	(1,133)
Comprehensive income	$2,416	$6,536

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.