| (USD) | Sep 2022 | Q/Q |
|---|---|---|
| Revenue | 466.3MM | -6% |
| Gross Profit | 168.7MM | -3% |
| Cost Of Revenue | 297.6MM | -8% |
| Operating Income | 58.5MM | -8% |
| Operating Expenses | 110.2MM | +1% |
| Net Income | 33.6MM | +28% |
| R&D | 15MM | -6% |
| G&A | 88.3MM | -3% |
| Amortization | 13.6MM | -1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Today, Regal Rexnord Corporation (NYSE: RRX) announced it has completed the acquisition of Altra Industrial Motion Corp. (Nasdaq: AIMC), closing the deal that was signed on October 26, 2022.
Aristotle Capital Boston, LLC, an investment advisor, released its “Small Cap Equity Strategy” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund delivered a return of 12.12% net of fees, outperforming the 6.23% return of the Russell 2000 Index. Security selection contributed to the outperformance of […]
Regal Rexnord Corporation (NYSE: RRX) ("Regal Rexnord") and Altra Industrial Motion Corp. (Nasdaq: AIMC) ("Altra") jointly announced today that they have received all required regulatory approvals to complete the previously announced acquisition of all of the issued and outstanding shares of common stock of Altra, whereby a wholly owned subsidiary of Regal Rexnord will be merged with and into Altra, with Altra surviving the merger as a wholly owned subsidiary of Regal Rexnord (the "Transaction")
Wasatch Global Investors, an asset management company, released its “Wasatch Small Cap Core Growth Strategy” fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy outperformed its benchmark index, the Russell 2000 Growth which gained 4.13%. The Russell 2000 Index rose 6.23% in the same period. The […]
Altra Industrial Motion's (NASDAQ:AIMC) stock up by 3.5% over the past three months. However, the company's financials...
Altra Industrial's (AIMC) Q4 results reflect lower revenues due to the divestiture of the JVS business and unfavorable movements in foreign currencies.
BRAINTREE, Mass., March 01, 2023 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a premier global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited financial results as of and for the fourth quarter and year ended December 31, 2022. Q4 2022 Financial Highlights Q4 2022Q4 2021YOY Change Net sales $469.4M$469.8M(0.1%) Q4 2022 Organic Sales Growth was 2.3% for the consolidated business comp
In this article, we will look at the top 15 holdings of billionaire investor George Soros. If you want to skip reading about George Soros’ investing philosophy and his hedge fund’s performance, you can go directly to George Soros’ Top 5 Holdings. George Soros is a Hungarian-born American business magnate, investor, philanthropist, and author. He […]
BRAINTREE, Mass., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the first quarter of 2023. The first quarter 2023 dividend is the forty-fourth consecutive dividend in the Company’s history. The dividend will be paid on April 4, 2023 to sha
Investors are punishing Regal Rexnord for acquiring Altra Industrial Motion as the economy weakens. Those concerns are overblown.