NYSE:AINMachinery
Is Albany International (AIN) Trading Margin for Growth as Q1 Revenue Rises but Earnings Slip?
In late April 2026, Albany International Corp. reported first-quarter 2026 results showing sales of US$311.33 million versus US$288.77 million a year earlier, alongside lower net income of US$15.28 million and diluted EPS of US$0.54 from continuing operations.
The company also projected second-quarter 2026 consolidated revenue of US$335 million to US$345 million and recorded a smaller US$127,000 impairment charge on property, plant and equipment compared with the prior year, offering...