AIMC - Altra Industrial Motion Non-GAAP EPS of $0.84 in-line revenue of $498.1M beats by $22.39M
- Altra Industrial Motion press release ( NASDAQ: AIMC ): Q2 Non-GAAP EPS of $0.84 in-line.
- Revenue of $498.1M (+1.9% Y/Y) beats by $22.39M .
- Q2 2022 Organic Sales Growth was 3.1% for the combined business compared with the second quarter of 2021. Q2 2022 Pro Forma Organic Sales Growth was 13.8% for the combined business compared with the second quarter of 2021.
- Q2 2022 Power Transmission Technologies (PTT) segment Organic Sales were up 10.6%; Automation & Specialty (A&S) segment Organic Sales were down 3.8% compared with the prior year. Pro Forma Organic Sales for A&S were up 17.8% compared with the prior year.
- Pro Forma Q2 2022 North America Organic Sales up 8.2%, Europe up 20.0% and Asia-Pacific/Rest of World up 19.6% compared with the prior year.
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Altra Industrial Motion Non-GAAP EPS of $0.84 in-line, revenue of $498.1M beats by $22.39M