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Stock impact report

Albany International Reports Third-Quarter 2025 Results

Albany International Corporation (AIN) 
Last albany international corporation earnings: 4/29 05:05 pm Check Earnings Report
Company Research Source: Business Wire
Initiated a strategic review of the structures assembly business and reached a definitive agreement to conclude the Gulfstream contract to increase focus on differentiated advanced composite technologies.Q3 2025 revenue of $261.4 million, compared to $298.4 million in Q3 2024, including an unfavorable revenue impact of $46.0 million related to the CH-53K loss reserve and program adjustments. Prior year reported revenue included an unfavorable long-term program accounting impact on revenue of $13.3 million related to CH-53K.Q3 2025 net loss of $97.8 million, or $3.37 per diluted share, including the previously announced $147.3 million pre-tax loss reserve and program adjustments on the CH-53K program, compared to net income of $18.0 million, or $0.57 per diluted share in the prior year. For comparison, prior year reported results included a pre-tax charge of $22.4 million for program accounting, of which $13.3 million was related to CH-53K. In addition, prior year net income included a Show less Read more
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