Allient Reports 34% Operating Income Growth on Revenue of $578.6 Million in 2023
ALNTAllient (ALNT) Businesswire·2024-03-06 06:02

BUFFALO, N.Y.--(BUSINESS WIRE)--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, today reported financial results for its fourth quarter and full year ended December 31, 2023. Results include the Sierramotion Inc. acquisition, which was completed in September 2023. “With a backdrop of macro uncertainty and other challenges, the Allient team once a ...