Albany International (AIN) Tops Q1 EPS by 3c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Albany International Reports First-Quarter Results
May 7, 2018 5:00 PM EDTFirst-quarter Highlights
Net sales were $230.0 million, an increase of 15.4% compared to 2017 (see Table 2). Excluding the impact of the adoption of the new revenue recognition standard (ASC 606) and currency translation effects, Net sales increased 6.6% (see Table 3). Net income attributable to the Company was $10.2 million ($0.32 per share), compared to $10.8 million ($0.34 per share) in Q1 2017. Net income attributable to the Company was increased by $1.2 million ($0.04 per share) as a result of adopting ASC 606. Net income attributable to the Company, excluding adjustments (a non-GAAP measure), was $0.54 per share, compared to $0.46 per share in... More