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Albany International has two divisions: Albany Engineered Composites and Machine Clothing. The former is primarily used in aerospace applications to help make craft lighter, such as the main brace on the landing gear assembled by Messier-Bugatti-Dowty for the 787 Dreamliner, the first use of structural composites in that part of a commercial airliner. [5]
Albany International (AIN) delivered earnings and revenue surprises of 36.90% and 6.48%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Albany International Reports Second-Quarter Results Second-Quarter Financial Highlights Net sales were $198.0 million, compared to $191.9 million in Q2 2012, an increase of 3.1 percent.
Albany International Corporation (NYSE:AIN) shares are trading lower on premarket on Thursday after the company revised its full-year outlook. The bearish outlook reflects slower revenue and ...
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