Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
United StatesIPO:
20 October 1980Website:
http://www.allient.comNext earnings report:
02 August 2024Last dividends:
22 May 2024Next dividends:
N/APrice
after hours | Tue, 16 Jul 2024 20:03:04 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
ALNT Latest News
AMN, ALNT and DNZOY have been added to the Zacks Rank #5 (Strong Sell) List on June 26, 2024.
Allient (ALNT) has a strong track record of exceeding earnings expectations and is well-positioned for another positive performance in its upcoming quarterly report.
Allient (ALNT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.43 per share a year ago.
With the Technology Select Sector SPDR Fund (NYSEARCA: XLK ) running well above the equities benchmark index this year, it's clear that the innovation space is humming strongly, which subsequently yields a case for de-risked tech stocks. Stated differently, these securities represent compelling enterprises that just haven't enjoyed the success of other technology entities.
Allient Inc. (NASDAQ:ALNT ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Craig Mychajluk - Investor Relations Richard Warzala - Chairman, President and CEO Michael Leach - Chief Financial Officer Conference Call Participants Gregory Palm - Craig-Hallum Capital Group Ted Jackson - Northland Capital Markets Operator Good morning, and welcome to the Allient Inc. Third Quarter Fiscal Year 2023 Financial Results Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions.
Allient Inc., formerly known as Allied Motion Technologies, has been actively involved in M&A to drive growth. The company specializes in connected motion technology and operates in niche markets such as industrial, medical, and aerospace & defense. Despite recent improvements in earnings, there are concerns about the company's high debt load and declining backlog.
What type of business is Allient?
Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries worldwide. 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. 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.
What sector is Allient in?
Allient is in the Technology sector
What industry is Allient in?
Allient is in the Electronic Components industry
What country is Allient from?
Allient is headquartered in United States
When did Allient go public?
Allient initial public offering (IPO) was on 20 October 1980
What is Allient website?
https://www.allient.com
Is Allient in the S&P 500?
No, Allient is not included in the S&P 500 index
Is Allient in the NASDAQ 100?
No, Allient is not included in the NASDAQ 100 index
Is Allient in the Dow Jones?
No, Allient is not included in the Dow Jones index
When was Allient the previous earnings report?
No data
When does Allient earnings report?
The next expected earnings date for Allient is 02 August 2024