Alamo Group: Q1 Earnings Snapshot
Alamo Group Inc. (ALG) on Thursday reported first-quarter net income of $33.3 million
By AP News
Published - May 04, 2023, 06:30 PM ET
Last Updated - Apr 05, 2024, 02:20 PM EDT
SEGUIN, Texas (AP) — SEGUIN, Texas (AP) — Alamo Group Inc. (ALG) on Thursday reported first-quarter net income of $33.3 million.
The Seguin, Texas-based company said it had net income of $2.79 per share.
The maker of road maintenance, industrial and farm equipment posted revenue of $411.8 million in the period.
Alamo Group shares have risen 23% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $174.15, a climb of 34% in the last 12 months.
