ALSN News and Press, Allison Transmission Holdings Inc. From 07/27/23

2023-07-27 19:37:09 ET Allison Transmission Holdings, Inc. (ALSN) Q2 2023 Earnings Conference Call July 27, 2023, 05:00 PM ET Company Participants Jackie Bolles - Executive Director, Treasury and IR David Graziosi - Chairman and CEO Fred Bohley - SVP, CFO and Tre...

2023-07-27 16:22:02 ET Allison Transmission Holdings press release ( NYSE: ALSN ): Q2 GAAP EPS of $1.92 beats by $0.29 . Revenue of $783M (+17.9% Y/Y) beats by $47.03M . Allison expects 2023 Net Sales in the range of $2.96 to $3.04 billion, Net Income in the ra...

Record quarterly net sales of $783 million, up 18% year over year Net Income of $175 million, 22% of net sales, up 43% year over year Diluted EPS of $1.92, up 52% year over year Increasing 2023 Net Sales, Earnings and Cash Flow Guidance Allison Transmission H...

Team Lynx, led by ARV, will now provide detailed designs, test and build prototypes of Next Generation Combat Vehicle equipped with Allison’s eGen Force electric hybrid. Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion s...

Recently awarded funding from the Federal Transit Administration will bolster the transit agency’s efforts to replace older buses with fully electric-capable alternatives. Allison Transmission is pleased to announce that the Indianapolis Public Transportation Corporation (IndyGo)...

2023-07-10 07:20:16 ET The automobile sector will see anxiety ramp up over the next two months as the expiration of the United Auto Workers labor contract with the Big Three Detroit automakers gets closer. The current collective bargaining agreement, which cover more than 150K employees, wi...

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that i...

2023-07-06 07:38:17 ET Class 8 truck demand for June was seasonally soft with 516,200 units ordered on a preliminary basis. The order tally was up 5% from the level a year ago and was 4% higher than the activity in May. Preliminary Classes 5-7 trucker orders rose a modest 2% year-over-y...

Allison Transmission and Biffa, the UK’s leading sustainable waste management company, were recognized with the Best Fleet Management, Private Sector Award at the 2023 Fleet Vision International Awards in London. The annual awards shine a light on excellence in the fleet and logistics indu...

2023-06-16 16:23:50 ET Summary Allison Transmission shares have returned 8.6% in the past four months, with financials improving and a reasonable argument for the stock being well-priced. However, the relative yield between the low-risk government instrument and the higher-risk st...