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Allient Inc. - Common Stock (ALNT)

25.21
-0.43 (-1.68%)

Allient Inc. is a public company that specializes in advanced technology solutions, providing a range of services and products designed to enhance connectivity and optimize performance across various sectors

Their focus is on innovative engineering and high-quality manufacturing processes that cater to the needs of both commercial and industrial clients. Allient is committed to sustainability and efficiency, developing cutting-edge products that integrate seamlessly into modern infrastructure and technology landscapes, supporting industries in their efforts to achieve greater operational effectiveness and environmental responsibility.

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Allient Inc. Launches Defense Solutions Business Unit, Advancing Vertical Market Strategy
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today announced the launch of its Allient Defense Solutions (ADS) Business Unit (BU). This exciting vertical market initiative underscores Allient’s commitment to expanding its presence in high-growth markets and driving long-term value for customers and stakeholders. With a newly structured, specialized sales and support team, ADS will integrate Allient’s comprehensive technology offerings to streamline processes and foster innovation.
By Allient Inc. · Via Business Wire · December 11, 2024
Allient Reports Third Quarter 2024 Results; Simplify to Accelerate NOW Initiatives Drive Sequential Margin Expansion
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today reported financial results for its third quarter ended September 30, 2024.
By Allient Inc. · Via Business Wire · November 6, 2024
Allient Declares Quarterly Cash Dividend
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on December 5, 2024 to stockholders of record as of the close of business on November 21, 2024. Allient has approximately 16.8 million shares outstanding.
By Allient Inc. · Via Business Wire · November 6, 2024
Allient Inc. Announces Third Quarter 2024 Financial Results Conference Call and Webcast
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its third quarter 2024 results after the close of financial markets on Wednesday, November 6, 2024.
By Allient Inc. · Via Business Wire · October 28, 2024
Allient Amends 2024 Credit Facilities and Executes New Interest Rate Swap to Enhance Financial Flexibility
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it has amended its 2024 Credit Facilities to enhance flexibility in financial planning through FY2025. Additionally, the Company has executed a new interest rate swap agreement, further optimizing its capital structure.
By Allient Inc. · Via Business Wire · October 25, 2024
Allient Reports Second Quarter 2024 Results and Annualized Savings from Simplify to Accelerate NOW Actions
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today reported financial results for its second quarter ended June 30, 2024. Results include the acquisitions of Sierramotion Inc. in September 2023 and SNC Manufacturing in January 2024. The Company also announced that it has advanced its Simplify to Accelerate NOW plans to realign its manufacturing footprint and streamline the organization to enhance operational efficiency and improve earnings power.
By Allient Inc. · Via Business Wire · August 7, 2024
Allient Declares Quarterly Cash Dividend
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on September 5, 2024 to stockholders of record as of the close of business on August 22, 2024. Allient has approximately 16.8 million shares outstanding.
By Allient Inc. · Via Business Wire · August 7, 2024
Allient Inc. Announces Second Quarter 2024 Financial Results Conference Call and Webcast
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its second quarter 2024 results after the close of financial markets on Wednesday, August 7, 2024.
By Allient Inc. · Via Business Wire · July 29, 2024
Allient Names James A. Michaud as Chief Financial Officer
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls, and Power products and solutions for targeted industries and applications, announced the appointment of James A. Michaud as Chief Financial Officer, effective June 3, 2024. Mr. Michaud will succeed Michael R. Leach, who previously announced his retirement from Allient.
By Allient Inc. · Via Business Wire · May 22, 2024
Allient Reports Gross and Operating Margin Expansion on Revenue of $146.7 Million in First Quarter 2024
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today reported financial results for its first quarter ended March 31, 2024. Results include the acquisitions of Sierramotion Inc. in September 2023 and SNC Manufacturing in January 2024.
By Allient Inc. · Via Business Wire · May 8, 2024
Allient Declares Quarterly Cash Dividend
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on June 6, 2024 to stockholders of record as of the close of business on May 23, 2024.
By Allient Inc. · Via Business Wire · May 8, 2024
Allient Inc. Announces First Quarter 2024 Financial Results Conference Call and Webcast
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its first quarter 2024 results after the close of financial markets on Wednesday, May 8, 2024.
By Allient Inc. · Via Business Wire · April 25, 2024
Allient Reports 34% Operating Income Growth on Revenue of $578.6 Million in 2023
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today reported financial results for its fourth quarter and full year ended December 31, 2023. Results include the Sierramotion Inc. acquisition, which was completed in September 2023.
By Allient Inc. · Via Business Wire · March 5, 2024
Allient Declares Quarterly Cash Dividend
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on April 3, 2024 to stockholders of record as of the close of business on March 20, 2024.
By Allient Inc. · Via Business Wire · March 5, 2024
Allient Inc. Announces Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast
Allient Inc. (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its fourth quarter and full year 2023 results after the close of financial markets on Tuesday, March 5, 2024.
By Allient Inc. · Via Business Wire · February 27, 2024
Allient Announces Acquisition of SNC Manufacturing
Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today announced the acquisition of SNC Manufacturing Co., Inc. (“SNC”), a premier designer and global manufacturer of electrical transformers serving blue-chip customers in defense, industrial automation, alternative power generation and energy, including electric utilities and renewable energy. SNC’s offerings are complementary to Allient’s current power quality capabilities while also providing needed incremental, low-cost manufacturing capacity. SNC will become a Technology Unit of Allient within the Allied Power Technology Pillar and will report to Ashish Bendre, Corporate VP and Group President.
By Allient Inc. · Via Business Wire · January 11, 2024
Allient Publishes Inaugural Sustainability Report
Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today announced the publication of its inaugural Sustainability Report covering the Company’s fiscal year 2022. The report highlights Allient’s vision for and approach to corporate sustainability and details key initiatives it is undertaking in the areas of environmental stewardship, social responsibility and well-being, and corporate governance.
By Allient Inc. · Via Business Wire · December 14, 2023
Allient Chief Financial Officer, Michael R. Leach, to Retire in 2024
Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that Michael R. Leach, Senior Vice President and Chief Financial Officer, has informed the Company of his intent to retire at the end of April 2024 after a nearly nine-year career with the Company.
By Allient Inc. · Via Business Wire · November 20, 2023
Allient Reports Record Gross Margin of 32.7% on Revenue of $145.3 Million in Third Quarter 2023
Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today reported financial results for its third quarter ended September 30, 2023.
By Allient Inc. · Via Business Wire · November 1, 2023
Allient Declares Quarterly Cash Dividend
Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on November 30, 2023 to stockholders of record as of the close of business on November 16, 2023.
By Allient Inc. · Via Business Wire · November 1, 2023
Allient Inc. Announces Third Quarter 2023 Financial Results Conference Call and Webcast
Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced today that it will release its third quarter 2023 results after the close of financial markets on Wednesday, November 1, 2023.
By Allient Inc. · Via Business Wire · October 18, 2023
Allient Acquires Sierramotion, a Leading Designer and Manufacturer of High Performance Motion Solutions
Allient Inc. (formerly known as Allied Motion Technologies Inc.) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that it has acquired Sierramotion Inc., a privately-owned company specializing in designing and engineering turn-key motion components and mechatronic (mechanical, electrical and control) solutions for robotic, medical, industrial, defense, semiconductor and other precision applications.
By Allient Inc. · Via Business Wire · September 25, 2023