SEC Form 10-Q filed by Allient Inc.

AstroNova is at critical inflection point in its strategic progress to create meaningful competitive advantages for the Product Identification segment and drive strong, sustainable growth, improved profitability and address measurably larger addressable markets Askeladden/Patel's misguided, upstart campaign is disrupting progress and his unfit nominees stand to siderail advancement Urges shareholders to vote "FOR" ONLY AstroNova's Board nominees on the WHITE proxy card Current leadership has transformed AstroNova's capabilities, product mix, and scale, delivering 7.5% compound annual revenue growth since Gregory Woods' appointment as CEO AstroNova, Inc. (NASDAQ:ALOT), a leading innovat

Revenue was $132.8 million with gross margin at 32.2% despite lower year-over-year revenue; Higher volume and favorable mix sequentially drove gross margin expansion of 70 basis points compared with fourth quarter of 2024 Simplify to Accelerate NOW actions supported a 130 basis point sequential improvement in operating margin, reaching 6.6% Diluted earnings per share (EPS) were $0.21, with adjusted EPS of $0.46 Total orders increased 17% sequentially, resulting in a book-to-bill ratio of 1.04 Operating cash flow was $13.9 million, up 52%, and ended the quarter with $47.8 million of cash; Debt, net of cash, was reduced by $13.6 million during the quarter to $174.4 million The C

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 5, 2025, to stockholders of record as of the close of business on May 22, 2025. Allient has approximately 17.0 million shares outstanding. About Allient Inc. Allient (NASDAQ:ALNT) is a global engineering and manufacturing enterprise that develops solutions to drive the future of market-moving industries, including medical, life sciences, aerospac

Seasoned financial leader brings over 25 years of experience with multinational public and private companies 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. Dick Warzala, Chairman and CEO, commented, "We are very excited to add Jim to the Allient Team as he is a highly accomplished financial leader with extensive experience in multina