News Releases

Date Title  
Toggle Summary Allient Declares Quarterly Cash Dividend
BUFFALO, N.Y. --(BUSINESS WIRE)--May 8, 2024-- 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
Toggle Summary Allient Inc. Announces First Quarter 2024 Financial Results Conference Call and Webcast
BUFFALO, N.Y. --(BUSINESS WIRE)--Apr. 25, 2024-- 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 today that it will release
Toggle Summary Allient Reports 34% Operating Income Growth on Revenue of $578.6 Million in 2023
“Simplify to Accelerate” sets strategic imperatives for 2024: footprint rationalization and organizational simplification, improved customer interaction, margin expansion and cash generation to reduce debt 2023 results validate strategic efforts to drive growth, margin expansion and cash flow
Toggle Summary Allient Declares Quarterly Cash Dividend
BUFFALO, N.Y. --(BUSINESS WIRE)--Mar. 5, 2024-- 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
Toggle Summary Allient Inc. Announces Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast
BUFFALO, N.Y. --(BUSINESS WIRE)--Feb. 27, 2024-- 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 today that it will release
Toggle Summary Allient Announces Acquisition of SNC Manufacturing
  Expands capabilities and capacity in Allient’s Allied Power Technology Pillar BUFFALO, N.Y. --(BUSINESS WIRE)--Jan. 11, 2024-- Allient Inc. (formerly known as Allied Motion Technologies Inc. ) (Nasdaq: ALNT) (“Allient” or the “Company”), a global designer and manufacturer of precision and
Toggle Summary Allient Publishes Inaugural Sustainability Report
BUFFALO, N.Y. --(BUSINESS WIRE)--Dec. 14, 2023-- Allient Inc. (formerly known as Allied Motion Technologies 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
Toggle Summary Allient Chief Financial Officer, Michael R. Leach, to Retire in 2024
BUFFALO, N.Y. --(BUSINESS WIRE)--Nov. 20, 2023-- Allient Inc. (formerly known as Allied Motion Technologies 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
Toggle Summary Allient Reports Record Gross Margin of 32.7% on Revenue of $145.3 Million in Third Quarter 2023
Revenue grew 8% to $145.3 million ; Organic growth of 7% on a constant currency basis Gross margin expanded 50 basis points to a record 32.7%, largely due to favorable end market mix Net income increased 1% to $6.7 million or $0.41 per diluted share; Adjusted net income was $0.61 per share, up 3%
Toggle Summary Allient Declares Quarterly Cash Dividend
BUFFALO, N.Y. --(BUSINESS WIRE)--Nov. 1, 2023-- Allient Inc. (formerly known as Allied Motion Technologies 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