Alliance Laundry: Q1 Earnings Snapshot

RIPON, Wis. (AP) — RIPON, Wis. (AP) — Alliance Laundry Holdings Inc. (ALH) on Tuesday reported earnings of $56.9 million in its first quarter.

The Ripon, Wisconsin-based company said it had net income of 28 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.

The maker of commercial laundry systems posted revenue of $426.9 million in the period.

Alliance Laundry shares have risen 25% since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALH at https://www.zacks.com/ap/ALH

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