Allient Q1 Adj. EPS $0.46 Beats $0.34 Estimate, Sales $132.80M Beat $125.50M Estimate

Allient (NASDAQ: ALNT) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.34 by 35.29 percent. This is a 20.69 percent decrease over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $132.80 million which beat the analyst consensus estimate of $125.50 million by 5.82 percent. This is a 9.48 percent decrease over sales of $146.71 million the same period last year.