Albany International (AIN) revealed a profit for fourth quarter that decreased from the same period last year
The company's bottom line totaled $17.68 million, or $0.56 per share. This compares with $30.45 million, or $0.97 per share, last year.
Excluding items, Albany International reported adjusted earnings of $0.58 per share for the period.
The company's revenue for the period fell 11.3% to $286.91 million from $323.58 million last year.
Albany International earnings at a glance (GAAP) :
-Earnings: $17.68 Mln. vs. $30.45 Mln. last year.
-EPS: $0.56 vs. $0.97 last year.
-Revenue: $286.91 Mln vs. $323.58 Mln last year.
For the full year 2025, the company expects revenues of $1.165 to $1.265 billion and earnings Per Share between $3.00 and $3.40.
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