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Allient (ALNT)
NASDAQ:ALNT
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Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.25Last Year’s EPS
$0.55Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 14.79%
|Next Earnings Date:Mar 11, 2025
Earnings Call Sentiment|Neutral
While Allient has shown improvements in margins and cash flow, and has promising opportunities in the data center market, the company faces significant challenges with declining revenues and market softness in key segments such as industrial automation, vehicles, medical, and aerospace. Inventory management also remains a concern. The sentiment balances between operational efficiencies and market challenges.Company Guidance
During the Allient Q3 2024 earnings call, the company reported a revenue decline of 14% year-over-year, totaling $125 million, largely due to inventory rebalancing impacts across various markets, particularly in industrial automation and vehicles. However, the company achieved significant improvements in margins, with gross margin rising by 150 basis points to 31.4%, operating margin by 170 basis points to 5.3%, and adjusted EBITDA margin by 130 basis points to 11.5%. Cash flow from operations was strong at $12 million, and the company reduced its debt by $5.5 million, ending with over $37 million in cash. The "Simplify to Accelerate NOW" initiative is expected to deliver $10 million in annualized savings and has already contributed to the recent margin improvements. For Q4, Allient anticipates a slightly lower revenue run rate due to typical year-end seasonality and continued inventory adjustments, with expectations of softer demand persisting into the first half of 2025.Sequential Margin Improvements
Gross margin improved by 150 basis points to 31.4%, operating margin rose by 170 basis points to 5.3%, and adjusted EBITDA margin climbed by 130 basis points to 11.5%.
Strong Cash Flow and Debt Reduction
Generated $12 million in cash flow from operations and reduced debt by $5.5 million during the quarter.
Cost Savings Initiative
The Simplify to Accelerate NOW program is expected to yield $10 million in annualized savings, contributing to recent margin improvements.
Potential in Data Center Market
Significant opportunities in data center expansion related to artificial intelligence and electrification, expected to contribute to future growth.
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ALNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $20.46 | $21.79 | +6.50% |
| Aug 07, 2024 | $23.80 | $20.41 | -14.24% |
| May 08, 2024 | $31.08 | $29.99 | -3.51% |
| Mar 05, 2024 | $29.86 | $36.01 | +20.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Allient (ALNT) report earnings?
Allient (ALNT) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is Allient (ALNT) earnings time?
Allient (ALNT) earnings time is at Mar 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALNT EPS forecast?
ALNT EPS forecast for the fiscal quarter 2024 (Q4) is $0.25.
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