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Alamo Group: Q1 Earnings Snapshot
By AP News - May 04, 2023, 06:30 PM ET
Last Updated - Apr 05, 2024, 02:20 PM EDT
Alamo Group Inc. (ALG) on Thursday reported first-quarter net income of $33.3 million
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.
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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.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ALG">Zacks stock report on ALG at https://www.zacks.com/ap/ALG
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