🟢 Allient is trading 5% up in after-hours trading after Q3 revenue and adjusted EPS beat

Allient is trading at $83.66, up 5.15%, after third-quarter revenue and adjusted earnings beat analyst expectations.

• Revenue was $164.4 million versus $155.8 million expected; adjusted earnings were $1.07 per share versus $0.74 expected.
• The company reported record quarterly revenue and gross margin, alongside sharply higher operating and net income. Management’s earnings call is scheduled for November 5 at 10:00 a.m. ET.