ALNT News & Events

Allient announced that its Board of Directors has elected Alex Collichio as Vice President. Mr. Collichio will continue to serve as Chief Administrative Officer. Mr. Collichio joined Allient in July 2022 as Corporate Human Resources Director, assumed leadership of the Company's Legal Department in March 2023 and was promoted to his current role of Chief Administrative Officer in March 2024

Reports Q1 revenue $138.9M, consensus $138.37M. Dick Warzala, Chairman and CEO, commented, "The strong uptick in our Bookings is a good indicator of our positive organic growth prospects for this year and beyond. Also, our first quarter results reflect continued progress in executing our strategy, with year-over-year growth in revenue, gross profit, operating income and earnings. We entered 2026 with a stronger balance sheet, a more efficient cost structure and a portfolio aligned with long-term trends in electrification, automation, energy efficiency, digital infrastructure and precision control."