ALAMO GROUP ANNOUNCES RECORD 2023 FOURTH QUARTER AND YEAR END RESULTS
Alamo Group, Inc. (ALG)
Last alamo group, inc. earnings: 2/27 04:15 pm
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US:NYSE Investor Relations:
alamo-group.com/investor-relations
Company Research
Source: PR Newswire
SEGUIN, Texas, Feb. 22, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2023.HighlightsNinth consecutive quarterly record for sales and earningsFourth quarter net sales of $417.5 million, up 8% Fourth quarter operating income of $44.8 million, up 5%Fourth quarter net income of $31.5 million, or $2.63 per diluted share, up 8%Full year net sales of $1.69 billion, up 12%Full year operating income of $198.0 million, up 33%Full year net income of $136.2 million, up 34% Full year diluted EPS was $11.36, up 33% Record EBITDA of $246.6 million, up 26%Year-end 2023 backlog at $860 millionFourth Quarter ResultsFourth quarter 2023 net sales were $417.5 million compared to $386.6 million in the fourth quarter of 2022, an increase of 8%. Gross margin improved in the quarter versus the fourth quarter of 2022 by $11.1 million or 11%. Fourth quarter net income improved 8% to $31.5 million, or $2.63 per diluted share, compared
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News
- ALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS CONFERENCE CALL [Yahoo! Finance]Yahoo! Finance
- ALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS CONFERENCE CALLPR Newswire
- Alamo Group Inc. (NYSE: ALG) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Alamo Group Inc. (NYSE: ALG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- ALAMO GROUP INC. RECEIVES NOTIFICATION OF STRIKE AT GRADALL INDUSTRIES LLC [Yahoo! Finance]Yahoo! Finance
ALG
Earnings
- 2/22/24 - Miss
ALG
Sec Filings
- 4/16/24 - Form 8-K
- 3/29/24 - Form 4
- 3/13/24 - Form DEFA14A
- ALG's page on the SEC website