AIN - Albany Non-GAAP EPS of $0.75 beats by $0.09 revenue of $268.8M beats by $27.48M

• Albany press release ( NYSE: AIN ): Q4 Non-GAAP EPS of $0.75 beats by $0.09 .
• Revenue of $268.8M (+12.0% Y/Y) beats by $27.48M .
• Outlook for Full-Year 2023
• Albany International announces its initial financial guidance for the full-year 2023:
• Total company revenue between $1.01 and $1.05 billion vs $1.04B consensus;
• Effective income tax rate, including tax adjustments, between 28% and 30%;
• Total company depreciation and amortization between $70 and $75 million;
• Capital expenditures in the range of $90 to $100 million;
• GAAP and Adjusted earnings per share between $3.10 and $3.60 vs $3.92 consensus.

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