Albany International Corp. (AIN) reported that its third-quarter net loss was $6.26 million or $0.20 per share, compared to net income of $77 thousand or breakeven per share in the same quarter last year. The results included a net charges for special items of $0.51 in third-quarter of 2009 and $0.47 in third quarter of 2008.
Net sales for the quarter were $217.93 million, compared to $266.92 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.16 per share on revenues of $208.93 million for the quarter. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.