Allison Transmission (ALSN) Misses Q2 EPS by 4c, Offers Guidance
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Allison Transmission Announces Second Quarter 2015 Results
July 27, 2015 4:05 PM EDTINDIANAPOLIS, July 27, 2015 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the second quarter of $511 million, a 5 percent decrease from the same period in 2014. The decrease in net sales was principally driven by lower demand in the global Off-Highway and Defense end markets partially offset by the continued recovery in the North America On-Highway end market, higher demand in the Outside North America On-Highway end market and price increases on certain... More
