AMHERST, N.Y. (AP) — AMHERST, N.Y. (AP) — Allient Inc. (ALNT) on Wednesday reported fourth-quarter earnings of $3 million.
The Amherst, New York-based company said it had profit of 18 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.
The motion control product maker posted revenue of $122 million in the period.
For the year, the company reported profit of $13.2 million, or 79 cents per share. Revenue was reported as $530 million.
Allient shares have declined 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.74, a fall of 21% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALNT at https://www.zacks.com/ap/ALNT
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
