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Stock impact report

Allison Transmission Announces Third Quarter 2020 Results

Allison Transmission Holdings, Inc. (ALSN) 
Last allison transmission holdings, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.allisontransmission.com
Company Research Source: Business Wire
Net Sales of $532 million, up 41% from the second quarter of 2020 Net Income of $77 million Diluted EPS of $0.68 Adjusted EBITDA of $174 million INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today reported net sales for the third quarter of $532 million, a 20 percent decrease from the same period in 2019 and a 41 percent increase from the second quarter of 2020.Net income for the quarter was $77 million. Adjusted EBITDA, a non-GAAP financial measure, for the quarter was $174 million. Net cash provided by operating activities for the quarter was $158 million. Adjusted free cash flow, a non-GAAP financial measure, for the quarter was $136 million.David S. Graziosi, President and Chief Executive Officer of Allison Transmission commented, “Desp Show less Read more
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