Reports Q2 revenue $816M, consensus $799.48M. David S. Graziosi, Chair and CEO of Allison Transmission commented, “Unprecedented demand for Class 8 vocational vehicles drove record quarterly revenue in our North America On-Highway end market, propelling second quarter revenue to a company record of $816 million. Second quarter performance was also improved by year over year increases in our Defense and Outside North America On-Highway end markets as we continue to execute and realize our growth initiatives globally.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALSN:
- Allison Transmission partners with Cummins to test natural gas engine
- ALSN Upcoming Earnings Report: What to Expect?
- Allison Transmission forms partnership with Lingong Heavy Machinery Co.
- Allison Transmission signs contract with BAE Systems
- Allison Transmission initiated with an Outperform at Raymond James
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue